Correspondent Banking

We are maintaining correspondent banking relationship with 329 international Banks around 74 Countries in 871 different strategic locations worldwide to ensure the best and steadfast trade services. Presently we are maintaining 23 Nostro Accounts in different major currencies like USD, GBP, EURO, JPY, CHF, SAR, AED, CNY & ACU Dollar with various world reputable Banks. We are also providing multicurrency payment facility in 120 currencies through our USD Nostro account with JPMorgan Chase Bank N.A., USA.

Since we have a wider Correspondent Network with sustainable credit limit and good relationship globally, we can provide the following services smoothly:

  • Issuance of LC & Guarantee
  • LC Advising
  • LC Confirmation
  • Bank Guarantee
  • Hajj Guarantee
  • Purchasing /Discounting /Negotiating Export Bills
  • Off Shore Banking Services
  • Trade Payment Settlement
  • Foreign Remittance

Asian Development Bank has been our valued partner since 2012 and we have been enjoying Credit Guarantee facility and Revolving Credit facility under their Trade and Supply Chain Finance Program which has helped us to facilitate more trade transactions worldwide.

Some of our key Correspondent Banks are:

  • Standard Chartered Bank
  • JPMorgan Chase Bank N.A.
  • Citibank N.A.
  • HSBC
  • Commerzbank AG
  • Deutsche Bank
  • UniCredit Spa
  • Banca UBAE Spa
  • Habib American Bank
  • KBC Bank NV
  • Credit Europe Bank NV
  • Habib Bank AG Zurich
  • Mashreq Bank PSC
  • UBAF
  • Banco Santander S.A.,Hong Kong
  • Commercial Bank of Dubai
  • The National Bank of Ras- Al-Khaimah (RAK)
  • Abu Dhabi Commercial Bank
  • British Arab Commercial Bank PLC
  • Doha Bank
  • Aktif Yatirim Bankasi A.S.
  • Banco De Sabadell S.A.
  • Bank of Communications
  • Woori Bank
  • BNP Paribas
  • Mizuho Corporate Bank
  • UBI Banca
  • ANZ Bank
  • Danske Bank
  • Zurcher Kantonal Bank
  • Nordea Bank AB
  • Caixa Bank S.A.
  • ICICI Bank Ltd.
  • Punjab National Bank Ltd.
  • IndusInd Bank Ltd.
  • HDFC Bank Ltd.
  • SWED Bank AB (PUBL)
  • Byblos Bank Europe S.A.
  • Bank of China
  • United Bank Limited, New York
  • United Bank Limited, UAE
  • Industrial and Commercial Bank of China
  • China Construction Bank Corporation
  • Agricultural Bank of China
  • Emirates NBD
  • Landesbank Hessen Helaba
  • Belfius Bank SA/NV
  • Landesbank Baden Sola
  • Banca Popolare Di Sondario, Italy
  • State Bank of India
  • Royal Bank of Canada
  • Bank of Tokyo Mitsubishi
  • National Australia Bank
  • Bank Al Bilad
  • Axis Bank Ltd. And many more…

                   And many more...