Discover the world of Business

With international trade growing and challenging under today’s business climate in a pandemic, OIB facilitate and continue effectively international trade related transactions on behalf of its clients, importers, and exporters across the globe.

About Company

OIB is an international trade credit bank that provides a wide range of financial services to individuals and businesses. Acting as a trusted entity and bridging the knowledge gap between corporates and financial institutions on Trade Finance. Working with our valued customers and understanding their financial trade credit requirements, we consider and explore traditional and innovative financial solutions allowing continuity of business to take place.

Vision And Mission

We at OIB grow with a vision to provide effective financial instruments and solutions for trade business to take place. With our network of professionals, we are a leading provider of financial advisory and consultancy service provider offering solutions for our customers across the globe. We aim to become your most preferred destination for Trade Finance solutions with innovative ideas and a simplistic approach based on a wealth of experience and knowledge base.

BEST SOLUTIONS

We identify the best financial institution from your transaction and assist you in structured trade finance.

BEST SOLUTIONS

We identify the best financial institution from your transaction and assist you in structured trade finance. We offer you the important advice needed in the documentation process with a higher potential of success and taking into account all eventualities and risk. We build services around your specific requirements for you from the initial stages of the deal to the final expected result.

EFFECTIVE MANAGEMENT

Our financial experts readily customise the right document that is essential for importers and exporters both.

EFFECTIVE MANAGEMENT

Our financial experts readily customise the right document that is essential for importers and exporters both. We are mindful of the time, cost, and resources required for the work to be completed and manage this workload efficiently and effectively. We do not engage in a practice to over complicate matters throughout the process.

INTERNATIONAL TRADE

We deal with importers and exporters from all around the world. We are knowledgeable with years in business how international trade works and draw upon local expertise as and when necessary.

INTERNATIONAL TRADE

We deal with importers and exporters from all around the world. We are knowledgeable with years in business how international trade works and draw upon local expertise as and when necessary. We are climatised to different regions and cultures and familiar with the geography of type of trade that is in demand. This invaluable information and experience is shared with our clients ensuring that risks such as fluctuations and variable factors are minimised in the choice of business requiring trade credit finance.

Are you in need for a Trade Finance? Get in touch with us.

Get in touch

OUR SERVICES

Letters of Credit

Letter of Credit means: Any arrangement, however, named or described, that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honour a complying presentation. It not only guarantees product protection but also ensures flexible payment terms.

Standby Letter of Credit (SBLC)

A Standby Letter of Credit (SBLC) is a guarantee that is made by a bank on behalf of a client, which ensures payment will be made even if their client cannot fulfill the payment. It is a payment of last resort from the bank, and ideally, is never meant to be used.

Bank Guarantee

A guarantee means giving something as security. A bank guarantee is when a bank offers surety and guarantees for different business obligations on behalf of their customers within certain regulations. It is generally a promise made by the bank to any third person to undertake the payment risk on behalf of its customers.

Documentary Collection

Documentary Collection (DC) occurs when a seller instructs his bank to forward documents related to the exporting of goods or services to the buyer’s bank, then requesting to present these documents to the buyer for their payment. The contract will also include the conditions under which conditions the documents can released to the buyer.

Performance Guarantee

Performance Guarantee is an agreement between a Client and a Contractor. The bank offers a guarantee to the client on behalf of a contractor that work will be done as per the agreement. A Performance Guarantee is issued by a financial institution or bank to a contractor, to promise completion and the due performance of the works of the service, as described in the contract documents.

Proof of Funds Documents

Proof of Funds (POF) is a letter or documentation that certifies that an individual, institution, or corporation has sufficient funds (money) to complete a transaction. A POF is typically issued by a commercial bank to provide confidence or assurance to another party – typically a seller – that the individual or entity in question has sufficient funds to complete an agreed-upon purchase.

Helping small businesses like yours

We bring in the invaluable experience of decades into the various business sectors of Trade and Credit Finance. In our continued learning of ongoing market changes, we understand how various Banks and other Financial Institutions operate in these fields. Our knowledge base and with a hands on approach allows to deal better in the industry and dealing with various nuances and complexities involved.

Today with our principals and associates in Japan, UK, USA, France, Thailand, South Korea, New Zealand, Montenegro, and UAE, OIB is well served with an excellent network of like minded professionals able to collaborate together. This allows access to Banking and Finance institutions all over the world for the issuances of a variety and suitable commercially acceptable SWIFT transmitted trade credits as the case may be.

OIB is committed to serving its clients and their trade credit finance requirements. We invest our time, effort, and resources in you first and foremost and as our client. We conduct our business, like our clients, abiding to a high level of business principles, professionalism, and moral ethics. The virtues are practices that we advocate and applaud. We believe in investing and growing relationships for the long term.