With International Trade Services, local companies that conduct business overseas can find help from our local experts with country-specific solutions for reducing the potential political and commercial risks involved with global sales. A letter of credit issued by Bankers Trust will expedite the handling of payments made internationally to and from suppliers or buyers. Documentary, Standby or Bankers Acceptances are all types of Letters of Credit that Bankers Trust can issue. This helps streamline import and export shipments and minimizes financial uncertainties when buying and selling products and services internationally. Commercial account clients will benefit from local in-state processing that is customized to fit a company’s individual requirements.
Serving more than 1,100 customers, the International Banking Department was established in 1983 to facilitate international trade for our clients through personalized service with a wide variety of products. The Department is the largest Iowa-based international banking division. In 2009, the Department provided more than $4 million in export letters of credit and documentary collections, and more than $1 million in import services.
The Department was recognized in 2010 when Bankers Trust received the large employer Exporter Excellence Award, sponsored by the Greater Des Moines Partnership and the Des Moines Business Record. This selection was especially impressive because the award usually goes to a company that exports products. Bankers Trust doesn’t export goods, but received the recognition because the Bank’s services play a vital role in making it possible for other companies to engage in exporting. The Exporter award was among 10 Celebrate Business Awards presented annually to promote the development of the Greater Des Moines business community by publicly acknowledging innovative and enduring business initiatives. The awards recognize companies for business practices, such as building a reputation for integrity and quality and encouraging involvement in community activities.
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For more information about these or any other Bankers Trust International Banking Services, e-mail us at email@example.com, or call 1-800-362-1688.