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For importers and exporters seeking to participate in global markets, efficient access to international markets along with local expertise is paramount. Bank of Melbourne provides just that through a comprehensive suite of products and services that can be customised to your customer’s business needs.

Your Relationship Manager can also introduce your customers to our international trade finance professionals. We will work as a team with you and your customer to develop innovative and customised solutions to complement their international business.

Bank of Melbourne also offers interest and currency risk management services and access to a global network of correspondent banks.

We also offer:

  • Transferable letters of credit
  • Pre-shipment finance

If you’d like to find out more about any of the services mentioned above, or have any other queries, please contact one of our team who will be able to help.

Bank of Melbourne can provide various services to your exporting customers:

  • Letters of credit - advising, negotiation and confirmation, subject to satisfactory bank/country risk being ascertained
  • Documentary collection of export proceeds
  • Negotiation of documents sent on a collection basis, subject to credit approval
  • Post-shipment finance for goods sold on extended terms
  • Inward payments in Australian dollars or foreign currencies

Contact one of our team to find out more.

Bank of Melbourne can provide various services to your importing customers:

  • Import Letters of Credit establishment
  • Inward Documentary collections processed promptly
  • Payments to overseas suppliers in Australian dollars or foreign currencies
  • Post-shipment finance for up to 180 days in Australian dollars or foreign currencies

Contact one of our team to find out more.

We can assist your customer with credit insurance to reduce the financial risks associated with exporting.

We can also assist in structuring export finance transactions through the Export Credit Insurance Corporation and other credit insurers including Export Credit Agencies of foreign countries.

Contact one of our team to find out more.

Your customer can take advantage of additional risk management services to manage their exposure to currency fluctuations in an ever-changing financial world.

Our range of Risk Management Services includes:

Foreign Exchange

Not only do we offer competitive rates for your customer’s foreign exchange transactions, but we can also make and receive payments from around the world on their behalf.

Forward Foreign Exchange Risk Management

Let us help your customer protect their profit margin. We can either lock in a price for a future transaction or provide innovative and flexible alternatives to manage risks if exchange rates move adversely while preserving potential benefits if rates move favourably.

Contact one of our team to find out more.

Streamline your customer’s transactions electronically with Bank of Melbourne.

Bank of Melbourne can offer the flexibility of streamlining your customer’s day to day transactions electronically. Our Business Banking Online, Global Dealer and WinTrade products are designed to assist and improve your customer’s business efficiencies.

WinTrade

WinTrade is a fast, efficient and secure online system that delivers a comprehensive range of import and export cash flow solutions to support your customer’s business.

With a flexible and easy to use platform, WinTrade saves your customer time and money through simple processes and online documentation for managing international trade transactions.

WinTrade is the only tool your customer needs to securely manage their trade documentation. 

WinTrade allows you customers to:

  • Establish Import Letters of Credit
  • Receive Export Letters of Credit
  • Receive Import Documentary Collections
  • Establish Export Documentary Collections
  • Provide payment instructions
  • View real-time transaction tracking
  • Create flexible output formats – HTML, PDF, XML
  • Obtain reporting with filtering and downloading capabilities
  • Real-time email notification
  • Receive online payment notification
  • Manage their employee profiles in real time
  • View document images
  • Have 128-bit secure encryption

The Detail

Finance offered by Bank of Melbourne – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. Eligibility criteria applies. Credit criteria, fees, charges, terms and conditions apply and are available on request. Please speak to your business finance specialist to find out more.

The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it's right for you.

Before making a decision, it's best to read the terms and conditions which are available on application. The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it's right for you.