Trade Services
Even the simplest transaction poses a risk. Buy a dozen eggs with one that's broken, and you are down more than 8%. When your transaction spans an ocean, a continent or both, the risks are greater, and chances are you're not buying just a dozen eggs.
The principle seems clear: only do business with people you know in countries with solid governments that have stable currencies.
The solution is experience, and you can find it in the international group at City National Bank along with responsiveness, ingenuity, enthusiasm and expertise.
Online Convenience
And convenience. With City National Bank's International Banking Online your company can keep pace with the speed of international business from your Internet-ready computer. Fast online preparation, electronic notifications, real-time, pre-built and customized reports and comprehensive transaction histories are just a few of the benefits you'll enjoy as you execute or view:
- Applications for Import Letters of Credit
- Applications for Standby Letters of Credit
- Amendments to Import Letters of Credit
- Amendments to Standby Letters of Credit
- Copies of Export Letter of Credit Advices
- Requests for Documentary Collections
- Trade Financing Requests
From customized application templates to online confirmations and advices, City National's International Banking Online service is designed to streamline your operations and boost productivity. You'll enjoy quick access to the actual text of your issued letters of credit, amendments and correspondence, including all negotiation and debit/credit notices. And you can submit real-time, online applications anytime, day or night. Learn more »
From importing metals, to exporting motherboards or acting as a middleman/trading company, the Foreign Trade Bankers at City National know how to reduce your risk, expedite your transactions and find you funding all around the world. Scroll down to find out how we do it.
Importers
| Common Problem | Banking Solution |
| Foreign shipments are late. | Incoming Documentary Collections |
| Performance on your service contract is slow. |
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| Economic uncertainty and political risk have you nervous. |
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| Want better pricing or credit terms from foreign suppliers? |
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Exporters
| Common Problem | Banking Solution |
|---|---|
| Overseas customers' credit or country risk makes payment problematic. |
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| Competitive pressure requires responding with more favorable credit terms or even better pricing. |
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| Financing is needed to fill large foreign orders or increase cash flow from receivables. |
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Middleman/Trading Company
| Common Problem | Banking Solution |
|---|---|
Short-term need for cash or credit to fill a foreign order.
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There is a need to finance inventory or convert receivables into cash.
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