|
 |
|
| List of Authorised Dealers of Sonali Bank Limited | ||
 |
||
 |
||
 |
||
 |
||
 |
||
 |
||
 |
||
 |
||
 |
||
 |
||
 |
Sonali Bank's expertise in International Banking has a record of in-house growth over more than half a century. Its pioneer role in handling foreign trade and foreign exchange transactions ever before independence of the country still remains unchallenged. With wide network of branches at home and also a large number of correspondent banks world-wide it is singularly handling the largest volume of export-import business including home-bound remittances.
|
Sonali
Bank's pioneer and extensive role in international banking has enabled
it to broaden and deepen its base of qualified professionals for
extending expert service to the valued clients .
|
||
 |
||
 |
||
|
||
 |
Export Credit (Pre-shipment & Post shipment) |  |
|
|
Facilitating Supplier's Credit | |
|
|
LCs (Letters of Credit) | |
|
|
Guarantees
in Foreign Currency - Bid Bond - Performance Guarantee - Advance Payment Guarantee. |
|
|
|
Bill Purchasing/Discounting | |
|
|
Remittance, collection, purchases & sales of Foreign Currency & Traveller's Cheques. | |
|
|
NRAT (Non-Resident Account in Taka) | |
|
|
NFCD A/c (Non-Resident Foreign Currency Deposit) | |
|
|
RFCD A/c (Resident Foreign Currency Deposit) | |
|
|
Convertible and Non-convertible Taka Account | |
|
|
Forward contracts | |
|
|
Correspondent
Banking Relations |
|
| The products and services are provided through a well-established large network of authorized branches all over the country. | ||
 |
| Correspondent
banking encompasses the following: |
||
|
|
Strengthening existing and establishing new correspondent relationship with foreign banks and Financial Institutions world over | |
|
|
Attending to problems of the correspondent banks | |
|
|
Helping correspondents in marketing and distributing their products | |
 |
At present the bank is maintaining relationship with about 2000 foreign correspondents | |
|
||
|
Currently the bank has 71 (Seventy one) NOSTRO A/Cs with large foreign banks abroad. | |
|
||
|
The bank maintains 13 (Thirteen) VOSTRO A/Cs of foreign banks. | |
|
||
|
The
bank is a SWIFT(Society for World wide Inter-bank Financial
Telecommunication) subscriber. List of Swift Code>> |
|
|
||
List
of Major |
||
|
||
|
Top
|
|
 |
||
 Sonali
Bank Limited supports its customers by providing facilities throughout
the import process to ensure smooth running of their business. The
facilities are:- a. Import Letter of Credit b. Post Import Financing (LIM,LTR etc) c. Import collection services & Shipping Guarantees |
||
|
Top
|
|
|
||
 |
||
|
||
 Sonali
Bank Limited offers extra cover to its customers for whole export
process to speed up receipt of proceeds.The facilities are:-a. Export Letters of Credit advising b. Pre-shipment Export Financing c. Export documents negotiation d. Letter of Credit confirmation |
||
|
||
|
||
|
Top
|
|
 |
||
|
||
Sonali
bank Limited issues guarantee (Bid Bond/Performance Bond/Advance
Payment Guarantee) at the request of Bangladeshi exporter through
our foreign Correspondent Banks. Guarantees (Bid Bond/Performance Bond/Advance Payment Guarantee) against Counter Guarantee of foreign correspondent banks in favour of Bangladeshi beneficiaries are also issued. |
||
| Top
|
||
| The Government has declared a number of facilities in the Export-Import Policy which, in brief, are as follows:- | ||
|
|
Financial incentives | |
|
|
General incentives | |
|
|
Infrastructure facilities, specially in Export Processing Zone | |
|
|
Concessional rate of cargo fair | |
|
|
Special facilities to sub-contracting export | |
|
|
Higher annual ceiling for sending specimen of exportable goods | |
|
|
Facilities for import of specimen for product development | |
|
|
Multiple entry visa for foreign importers and investors | |
|
|
Facilities for attending to market development and international fair | |
|
|
Awarding national trophy and nominating CIP | |
|
|
Deemed export facilities | |
|
|
Allowing export/import without LC in special cases | |
|
|
Liberal terms for import of industrial raw materials of export oriented industries and Incentive for using local raw materials | |
| Correspondent Banking |
| Import Finance |
| Export Finance |
| Guarantee in Foreign Currency |