DELUBAC CORPORATE BANKING
To secure your international payments, Delubac Corporate Banking for Businesses and Associations offers a specialised range of international banking services.
To provide you with assistance on complex international transactions, we have also developed specific know-how adapted to your needs.
Documentary Credit is a fast, secure, recognised and used payment method worldwide, subject to the Uniform Customs and Practice for Documentary Credits (UCP) established by the International Chamber of Commerce.
It is a security guarantee:
Documentary Credit is a payment technique by which a bank undertakes, formally and on behalf of its client (the buyer), to settle the price of a good or a service provision against the delivery of previously agreed documents (invoice, packing list, transport document, certificate of origin, ...), strictly compliant and consistent with each other, within a period set in advance between the parties. It cannot be cancelled or modified without the agreement of all the parties.
The four embodiments
As part of your commercial relations, you may be required to issue or receive international bank guarantees in order to facilitate or secure your operations.
The international bank guarantee is an irrevocable bank commitment intended to compensate the beneficiary in the event of default by a foreign trading partner.
There are several types of bank guarantees:
How it works
Each of these guarantees can be provided in various forms of bank liabilities (security bond, first demand guarantee, documentary guarantee). Instruments issued may be established:
To support its clients in all countries, Delubac Corporate Banking for Businesses and Associations has developed highly specialised know-how to support businesses on complex international transactions that ensure the financial cash flows of European businesses, of all sizes, exporting to Iran, Sudan and other countries with intricacies when it comes to compliance. Where other banks immediately exclude certain countries or sectors , Banque Delubac & Cie uses all their legal expertise for each transaction, getting in direct contact with the relevant administrations (OFAC, Treasury...).
Mobilisation of receivables arising abroad (Subrogation)
According to the principle of a “Dailly” advance, we will quickly credit your account upon submission of the commercial invoice in euros and the slip of assignment of receivables.
Through a flexible operation, invoice financing can be refunded in advance in case of advance payment or extended in the event of modification of the payment deadlines. However, you can limit the mobilisation of your receivables to your real needs.
SSI - Standard Settlement Instructions
Check our SSI - Standard Settlement Instructions for foreign currency transactions processed by our bank.