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Saudi Arabia

Products

Business overview

Grow your business beyond borders

Standard Chartered Bank Branch provides customized and innovative financial solutions to help achieve our clients’ strategic objectives. We offer specialized products and services where our teams work synergistically, leveraging each other’s geographic, industry, and structuring expertise to provide bespoke solutions for our clients.

Products & Services offered:

Transaction Banking

Cash Products / Services:

– Current Accounts / Savings Accounts (CASA)
– Escrow and Account Bank Service
– Virtual Accounts on Domestic Payments
– Electronic Payments
  • Cross Border Payments
  • Domestic Payments via RTGS
  • Payroll via WPS (Wage Protection System)

Trade Products/ Services:

– Letters of Credit (various types)
– Letters of Guarantee and Stand-by Letters of Credit (SBLC)
– Open Account Trade Finance (Import and Export Finance, Bills Discounting, Receivable Finance etc.
– Documentary Collections and Bankers’ Acceptance

Financial Markets

– Corporate Lending
– FX Spot
– Repo
Please click here for additional details on the products offered by Standard Chartered Group.