Then there are other less traditional and
in some cases more specialised banks that also cover the
international trade finance filed. These are:
Bank is not a traditional bank, but they are very
focused on international financial matters and are therefore
definitely worth approaching. Rennies have an international
division that is particularly focused on international
trade financing and payments, and they are also active
in the foreign
exchange market and operate numerous retail forex
branches around the country. They offer a range
of specialist forex services that are particularly well-suited
for the foreign traveller.
Although not a traditional bank, Grindrod
Bank is part of the Grindrod Group which is an organisation
very focused on freight forwarding and international
trade. Their banking division is aimed at facilitating
international trade and you may well want to consider
this bank together with those listed above.
Bank is another bank worth considering because,
while they are not traditional banks offering traditional
banking services as those listed above, they are involved
in trade finance and the financing of freight forwarding,
customs clearing and logistics-related expenses.
Although not really a bank, American
Express run numerous forex outlets throughout the
country and they are worth a call if you need to purchase
(or sell) limited amounts of foreign exchange (you would
use them more for travel purposes than for making or
receiving international payments).
Bank is not really a bank. It is more of a financing
institution and specialises in agricultural and agri-business
These are typically retail-type banks (i.e.
operating in the individual banking market) or banks that
run specialised (non-trade) financing operations (such as
vehicle or asset financing):
Bank – More of a personal bank than a corporate/business