International Services
Expand Your Business Globally
By trading in other countries, your business can gain an important source of income or save money with a new supplier. Whether you are just getting started or are already positioned to grow your global market share, our International Services Team can help you increase your international sales and profits while reducing risk.
We provide a comprehensive range of international banking capabilities.
Export Services
Expand your market and protect your interests with these services:
- Export Letters of Credit – replace buyers’ credit with their banks’ credit.
- Transferable Letters of Credit – transfer the benefit of your letter of credit to your supplier(s).
- Export Documentary Collections – provide for orderly passage of title upon payment using this cost-effective method.
- Standby Letters of Credit – protect yourself against payment default or nonperformance under a contract.
Import Services
Gain greater access to foreign suppliers and lower your costs.
- Import Letters of Credit – substitute our credit for your credit.
- Import Documentary Collections – purchase merchandise without borrowing under your line of credit by using this cost-effective method.
- Standby Letters of Credit – offer your suppliers the comfort of payment certainty.
- Indemnities – avoid delays in receiving goods when they arrive before the title documents.
International Payments and Foreign Exchange
Choose from various payment methods that provide you with additional cash management opportunities.
- International Wire Transfers (both USD and Foreign Currency)
- Foreign Currency Forward Contracts (lock the exchange rate today on your future foreign currency transactions – up to one year)
- Foreign Currency Drafts
- International Check Collections
For wire transfer information, visit our Wire Transfers page.
Position yourself for global success.
Experience a new world of opportunity with international trade solutions customized to help you reach new markets safely and effectively. Rely on the professionals at QNB Bank to provide the international trade products you need, plus a level of personalized service you won’t find anywhere else.
