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Midan Financial

Trade Finance

Facilitate your international trade operations with our comprehensive trade finance solutions. From letters of credit to trade guarantees, we support your global business expansion.

Explore Trade Solutions

Trade Finance Services

Comprehensive trade finance solutions to support your import, export, and international business operations.

Letters of Credit
Secure payment guarantees for international trade transactions.

Services:

  • Import/Export letters of credit
  • Standby letters of credit
  • Transferable LCs
  • Back-to-back LCs

Benefits:

  • Payment security
  • Risk mitigation
  • Global acceptance
  • Flexible terms
Trade Guarantees
Performance and payment guarantees for international business.

Services:

  • Bid bonds
  • Performance guarantees
  • Advance payment guarantees
  • Warranty guarantees

Benefits:

  • Contract security
  • Business credibility
  • Risk protection
  • Global recognition
Documentary Collections
Efficient collection of payments for export transactions.

Services:

  • Documents against payment
  • Documents against acceptance
  • Clean collections
  • Protest handling

Benefits:

  • Cost-effective
  • Simple process
  • Faster settlement
  • Reduced paperwork
Trade Financing
Working capital solutions for import and export businesses.

Services:

  • Pre-shipment financing
  • Post-shipment financing
  • Invoice discounting
  • Supply chain finance

Benefits:

  • Improved cash flow
  • Competitive rates
  • Flexible terms
  • Quick processing

Documentary Credit Services

Streamlined letter of credit services with competitive pricing and fast processing times.

Import LC
Secure payment mechanism for importers

Process:

1
LC application
2
LC issuance
3
Document presentation
4
Payment release

Timeline

3-5 business days

Fees

0.125% - 0.25% per quarter

Export LC
Payment assurance for exporters

Process:

1
LC receipt
2
Shipment preparation
3
Document submission
4
Payment collection

Timeline

5-7 business days

Fees

0.10% - 0.20% per quarter

Standby LC
Performance guarantee alternative

Process:

1
SBLC application
2
SBLC issuance
3
Performance monitoring
4
Claim processing

Timeline

2-3 business days

Fees

0.50% - 1.50% per annum

Global Trade Network

Our extensive correspondent banking network enables trade finance services worldwide.

🇨🇳

China

35%
🇮🇳

India

18%
🇩🇪

Germany

12%
🇺🇸

USA

15%
🇬🇧

UK

8%
🇯🇵

Japan

7%
🇸🇬

Singapore

3%
🌍

Others

2%

Correspondent banks in 150+ countries worldwide

View Full Network

Digital Trade Platform

Manage your trade finance operations through our advanced digital platform.

Digital Trade Platform

Real-Time Tracking

Track your LC applications, document status, and payment processing in real-time.

Digital Documentation

Submit and manage trade documents electronically with secure digital signatures.

Global Connectivity

Connect with correspondent banks and trading partners worldwide through our platform.

Competitive Pricing

Transparent and competitive pricing for all trade finance services.

Letters of Credit
Import LC Commission:0.125% - 0.25% per quarter
Export LC Advising:AED 150 - 300
LC Amendment:AED 100 - 200
Document Processing:AED 75 - 150
Trade Guarantees
Bid Bond:0.50% - 1.00% per annum
Performance Guarantee:0.75% - 1.50% per annum
Advance Payment Guarantee:1.00% - 2.00% per annum
Warranty Guarantee:0.50% - 1.25% per annum

Expand Your Global Trade

Partner with us to unlock new international opportunities and streamline your trade finance operations.