Through detailed analysis of your cash conversion cycle throughout your physical supply chain, our Customised Trade Solutions team offer you structured and tailor made solutions that optimise working capital, mitigate your risk and ensure optimal liquidity from your underlying trade related assets to increase your ability to grow your business.

As money experts who do good, our deep understanding of local and regional sectors and markets coupled with our knowledge of trade regulations, rules and best practice allow us to combine our passion for our clients success with value added service to enable us to partner effectively with you through every stage of your businesses growth.

We offer the following finance solutions:

• Supply Chain/ Payables Finance – allows you to extend Days Payable without impacting trade terms
• Invoice Discounting/ “with’ or ‘without’ recourse structures – allows you to convert Days Sales Outstanding to cash
• Stock finance – approved stock (on application)
• Financing under collateral management/ Borrowing Base facilities – qualifying debtors and stock
• Discounting and financing of trade instruments
• Capital goods import finance
   

Supply Chain Finance

Optimise your working capital cycle with Supply Chain Finance from Nedbank. Structured to benefit both the buyer and supplier, this innovative supplier financing option positions Nedbank as your leading working capital partner.

How it works

Supply chain finance is essentially a “benefit now, pay later” financing option. When the supplier sends an invoice, Nedbank settles is as soon as the buyer approves it. This gives the buyer time to pay back Nedbank while enjoying the supplier discounts for early payment.
 

Benefits for the buyer:

• Optimised working capital: Longer payment terms without late penalties.
• Strengthened supply chain: Improved relationship with suppliers because of quick payment, ensuring improved products and services.
• Improved processes: More streamlined creditor management process

Benefits of the supplier

• Cash flow: Quicker invoice payment means improved liquidity.
• Cost of funds: Potentially lower funding cost for days receivable (for supplier)
• Relationships: Mutually beneficial relationship between the buyer and supplier.
• Sustainability: Improved products and services and a strengthened supply chain
  

The customer foreign currency (CFC) account is a useful mechanism for managing all major foreign currency receipts and payments. This solution is ideal for you if you import, export or make and receive payments in foreign currency.

• Currency risk management and proceeds retained in foreign currency.
• Flexibility for advances and settlements.
  

To structure and manage your complex crossborder trade transactions we can offer you customised trade solutions, both funded and unfunded.

• Foreign currency and rand trade loans.
• A full suite of pre- and postshipment trade finance products across the trade value chain, allowing for both documentary and open-account financing structures.
• Discounting of export letters of credit.
• Supply chain finance.
• Asset-based finance on imported capital equipment.

• Documentary collections.
• Documentary letters of credit.
• Back-to-back structures.
• Enjoy mitigation of inherent crossborder trade risk and optimised working capital, with specialised document handling and advice from specialists.

• Automatic payments for recurring incoming payments: if you receive a regular monthly payment from abroad for the same purpose, you can complete a standing instruction form and submit it to your business manager or global specialist, or scan and email it to SIMS@nedbank.co.za  if you have a fax/email indemnity in place. Your funds will be converted automatically without any further actions by you.

• Receiving incoming or outgoing proof of payments: if you’d like to receive email notifications of incoming or outgoing crossborder payments as well as your debit and credit advices (copies of SWIFT MT103 messages), you can complete a global e‑messenger form and submit it to your business manager or global specialist, or scan and email it to transactionalbankingmaintenance@nedbank.co.za  if you have a fax/email indemnity in place.

• Submitting your payment instructions through email: if you’d like to submit application forms and any supporting documents for incoming or outgoing crossborder payments electronically, you can contact your business manager or global specialist who will provide you with a fax/email indemnity that you will need to complete and submit back to them.

• Speed. A fast, efficient way of remitting and receiving funds.
• Security. Outward and inward payments are settled through encoded SWIFT messages, ensuring that the transaction takes place in a completely secure environment. 
• Simplicity. The simplicity of the SWIFT network makes outward telegraphic transfers and incoming telegraphic transfers simple, convenient methods of sending funds.