Exporters’ Needs

Companies selling goods in international markets need financial support and advanced systems to get their products to market, and ensure prompt payment and the delivery of accurate information. Bank of America can make it simple for you to finance exports, manage your export receivables and monitor your export business worldwide.

  • Bank of America Direct® Trade Export Services: Full–service, Web–based transaction and information solution that makes management of export activity more efficient and cost–effective. Manage your receivables better; automate communication to and distributing documents within the trade supply chain; and make real–time, well–informed decisions with comprehensive activity reporting capabilities.
  • Document presentation and payment services: Expedite the preparation and presentation of your export documentation and accelerate collection of your receivables.
  • Pre– and post–shipment financing: Sell on both letter of credit and open account payment terms; reduce payment cycles; enhance your access to liquidity; and eliminate routine inquiries.

We also offer a suite of traditional trade finance solutions, including export letters of credit, open account transactions, export documentary collections, transferable letters of credit, export assistance programs, drafts/documents purchase programs and discounting of time drafts.

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