Transaction Banking
At Stanbic IBTC Transaction Banking, we provide clients access to a comprehensive suite of cash management, traditional and non-traditional trade offerings, and investor services solutions in Africa. Our in-depth knowledge and experience enable us to deliver solutions across various clients and sectors. With Stanbic IBTC Bank’s global network, we provide world-class and cost-effective solutions customised to meet your specific needs.
Over the years, Stanbic IBTC's multi-platform services and products have evolved along with our clients' needs for increasingly sophisticated financial services. We combine our specialist product expertise, strong local capacity and global distribution reach to provide fit-for-purpose and highly relevant solutions. As an emerging markets bank, we also understand financial systems at different levels of maturity and markets at various stages of development.
OUR VALUE PROPOSITION
Stanbic IBTC Bank is a leading provider of trade and supply chain finance solutions in Nigeria, providing customers with improved liquidity, working capital optimisation, risk mitigation and balance sheet management.
We provide trade finance solutions to customers using a variety of products and our integrated electronic banking platform helps importers and exporters conduct, monitor and control international commercial transactions, as well as mitigate the associated risks. Our in-depth local knowledge of trade practices, regulations and levels of risks in Nigeria will ensure that all your trade transactions are processed timely and efficiently.
Our trade product offering leverages Stanbic IBTC Bank's global network, which enables us deliver world-class and cost-effective solutions customised to meet vour specific needs in-country.
Escrow Services
At Stanbic IBTC, we also help mitigate risks and improve transaction performance by acting as escrow agents during transactions. Funds can be held in an escrow account under the custody of Stanbic IBTC, serving as the escrow agent, until the conditions for remitting the funds to the specified parties are met.
Investor Services
Maximise growth. Minimise risk. Nigeria’s growing economies are creating attractive opportunities for institutional investors to invest in African capital markets resulting in increasing demand for investor services. However, African capital markets are not without their complexities and challenges. That’s why you need a partner adept at maximising your growth potential while minimising your risk exposure.
Settlement Bank Services
We also perform clearing house and switch settlements on behalf of clients. The products settled include inbound and outbound NEFT, NIP, cards, POS and any industry product
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Trade finance
Whatever your trade needs, you need a banking partner who can enhance your business transactions by financing the trade. With our complete range of trade finance instruments and products, we can assist you with structuring transactions for your business, no matter how complex.
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Transactional channels including Business Online (BOL)
Digital payment solutions that enable your business growth.
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