Bandhan Bank has announced the launch of a comprehensive suite of trade products aimed at facilitating seamless global business transactions. These new offerings are designed to streamline operations and enhance financial flexibility for businesses engaged in international trade.
They cater to both importers and exporters, providing customized solutions to meet a wide range of business requirements and instilling confidence in global trade transactions. The newly introduced products include Remittances, Letter of Credit (LCs), Bank Guarantees (BGs), Export Import Collection bill, bill/invoice discounting, and more.
These offerings are intended to empower SMEs and corporate clients, enabling them to expand their global presence. Additionally, retail customers can also benefit from these facilities for international remittances.
Rajinder Babbar, ED & Chief Business Officer of Bandhan Bank, emphasized their commitment to supporting customers in navigating the complexities of international trade. He highlighted that these enhanced trade products aim to provide robust financial tools that empower businesses to grow their global footprint securely and efficiently.
Chandra Shekhar Ghosh, MD & CEO of Bandhan Bank, underscored the bank’s mission as a universal bank to provide inclusive banking solutions. He noted that these new products align with their vision and longstanding commitment to innovation and customer-centricity.
Overall, the launch of these enhanced trade products marks Bandhan Bank’s dedication to meeting the evolving needs of its customers and facilitating their business growth on a global scale.