Corporate & Trade services are the major thriving sector of Trust Bank where Trade Service Division (TSD) has been providing its all-out support to facilitate the Bank's trade business. TSD supports the trade finance of Trust Bank in the areas like Import Letters of Credit, Export Letters of Credit, Negotiation and Documentary Collection, Confirmation & Discounting, arranging credit lines from renowned global Banks, issuance of Guarantees against Counter Guarantees/Standby Letters of Credit from overseas Banks and financial institutions. TSD is also responsible for establishment of RMA (Relationship Management Application) with Correspondent BICs (Bank Identifier Codes).
Trade Service Division is mainly divided into Six Units — Correspondent Unit, Foreign Exchange Reporting and Compliance Unit, Centralized Trade Processing Unit (CTPU), SWIFT, Treasury Back Office, Offshore Banking Unit or OBU. Trust Bank offers various trade products through its 16 Authorized Dealer (AD) Branches, 1 Centralized Trade Processing Unit for Non-AD Branches and 1 Off-shore Banking Unit in the country along with a vast network of Correspondents (350+) throughout the globe.
