Summery of Trade Finance Services

Petronyx GmbH can provide financial services to different clients which involved for Trading as Export and Import cargoes and EPC contractor for supply engineering and procurement and construction and Industrial development .

Petronyx can participate and take a position as Third party on behalf of Exporter and EPC contractor for take some trade finance services as following:

- Receiving LC for supply goods and services and provide security payment to the beneficiary .
- Provide insurance coverage .
- Provide Professional  advice for financial and trading and other related section of the contract and      agreement  for making better and workable contract between both parties.
- Provide insurance coverage services .
- Providing advice and professional services to obtain an applicable letter of credit for the implementation of the contract between the parties of the contract and receiving an applicable letter of credit from the customer and transferring it in the form of reviewed contracts to suppliers of goods and services.
- Coordinating with vendors to receive shipping documents on time in the form of letter of credit terms and conditions to avoid staleness of documents and providing replacement shipping documents to the bank for on time negotiation.