Facilitating Global Trade, Transforming International Payments
Euro Exim Bank offers its customers state-of-the-art banking and financial services with a focus on facilitating global trade for emerging markets through more easily accessible financial services. The Bank provides convenient and economical worldwide trade settlement through its partnership with RippleNet and the adoption of blockchain technology. In addition to this, the bank also provides a full range of services for trade finance, corporate banking, electronic funds transfer cards and personal banking.
Partnership with RippleNet
Through its partnership with RippleNet, Euro Exim Bank is able to settle cross border transactions using the cryptocurrency Ripple (XRP), which is cheaper than traditional international wire transfers and much faster; virtually instantaneous vs. 3-5 business days. Settling trade transactions via RippleNet is highly beneficial and attractive to emerging markets because of increased accessibility and reduced transaction costs along with an established payment ecosystem and a holistic payments process that allows for the embedding of trade finance and other messages within the transaction payload itself.
Trade finance is at the core of Euro Exim Bank’s portfolio of products and services. The Bank’s team of experts is well equipped and sufficiently experienced to handle any trade finance requirement. Speed, reliability and security have become the hallmarks of Euro Exim Bank’s trade finance offering. Services provided include issuance and relay of Letters of Credit (LC), Express Letters of Credit (ELC), Stand-By Letters of Credit (SBLC) and Bank Guarantees (BG). The Bank’s streamlined and seamless documentation procedures ensure that customer requirements are met in the shortest possible time. Should you have any special requirements, Euro Exim Bank will be happy to accommodate you.
Corporate & Personal Banking
Through its Prestige Plus accounts, Euro Exim Bank provides a full range of corporate and personal banking services for transactional banking. Accounts can be opened swiftly and with ease from anywhere in the world and provide integrated savings solutions along with state-of-the-art digital and online banking services to ensure 24/7 access and transaction readiness secured by global industry standard information security and due diligence protocols. Prestige Plus accounts also come with dedicated IBANs to ensure efficient and accurate transaction processing worldwide along with prepaid ATM/Debit Cards from any network of your choice.
International Wire Transfers
While being equipped for the future of global payments through its partnership with RippleNet, Euro Exim Bank also provides extensive services for traditional international wire transfers. Comprehensive due diligence, KYC, AML, PEP and sanctions checks are performed for each transaction to ensure maximum security of your funds. Accountholders enjoy the added convenience of being able to transfer funds or send instructions for incoming transfers through online banking.
Euro Exim Bank serves a diverse range of corporate clients and import/export businesses worldwide. By taking advantage of new technology the Bank is part of the digital revolution in international payments. Euro Exim Bank is headquartered in St. Lucia in the West Indies with a Class A banking license and a non-regulated representative office in London, England. The Bank provides essential financial services to SME’s and Corporates traditionally hampered by high costs of foreign exchange and restrictions on liquidity in challenging jurisdictions.