Wholesale Banking

Standard Chartered Bank Nepal Limited (SCBNL) is the leading wholesale bank in the country. We are very well known for innovation and our capability to implement new products in the market.

Our product offerings includes (but not limited to):

Transaction Banking
Corporate and Institutional Lending
Financial Markets

Transaction Banking:

Cash Management

Payments

Cross Border Payments
Domestic Payments
Payroll Management
Payment System Integration

Collections

Extensive Clearing Network: our own branch network complemented by correspondent Bank's network
Guaranteed Credit: Standard Chartered Bank Nepal limited can arrange for guaranteed credit (subject to prior agreement) for cheque collections.
Quick Collection Services (QCS): QCS enables you to receive your export receivables from India on a fixed date (subject to prior agreement)
Domestic Collection Services- enables you to manage your local receivables promptly
Comprehensive MIS: We understand the importance of timely and accurate information regarding account receivables to help you effectively manage your receivables and debtors, and minimize losses caused by delayed receipts and defaults. You can also manage your buyer's requirement and improve inventory management. Through Standard Chartered Straight2Bank (internet Banking channel) - multiple detailed report of your accounts can be viewed in your laptops and desktops in various formats. Tailored collection reports for your local collections can also be sent to you via e-mail.
Outsourcing of Collection

Liquidity Management

Trade Solutions:

Imports:

Letter of Credit
Import Bills for Collection
Shipping Guarantees
Import Financing (Loan Against Trust Receipt/Loan against imports)
Import Invoice Financing
Performance Bonds and Other Guarantees

Exports:

Export Letter of Credit advising
Export Letter of Credit Safe keeping
Export Letter of Credit Confirmation
Pre-shipment export Financing
Export Bills for collection
Export Invoice Financing
Supply Chain Financing (Buyer Financing)
Letter of Credit Reimbursements

Client Access

Let our award winning Straight2Bank capability take our business to the next level. This electronic option is embedded with comprehensive security features , flexible authorization matrix, and superior risk management MIS capability to put you firmly in control of your business environment.

Corporate and Institutional Lending

We offer various lending products to our Corporate and Institutional Clients - our product suit has been designed to meet both your traditional lending requirements and modern days lending requirements.

Our product suit includes (but not limited to) :

Bridging Loans: A structured form of borrowing intended to finance transactions dependent upon a clear, reliable and identifiable source of repayment, usually the sale of assets. They are intended for financing term borrowing requirements as opposed to overdrafts that are for financing of short term working capital requirements.
Short term Money Market loan: It provides either committed or uncommitted lines as flexible form of borrowing to finance day- to day cash flow requirements generated for normal business activity. This is not intended for financing long term borrowing needs.
Drawing Against Uncleared Effects: For funds drawn on customer's account against cheques (normally in local currency) deposited to the same account but not yet processed and cleared through the cheque clearing system. Repayment will be automatic through the clearance of uncleared cheques.
Overdraft: A revolving facility repayable on Demand , made available in connection with a current account
Intra-day Overdraft: This is a liquidity line granted for financial institutions and corporates where the client is allowed to overdraw their account during the course of the day with repayment at the end of that business day.
Term Loan: A structured form of borrowing intended to finance specific transactions , usually specific assets and the funding requirements that this generates. These are intended for financing longer term borrowing requirements as opposed to overdrafts that are for the financing of short term working capital needs.
Revolving Term Loan: Term loan where drawings can be made and repaid through out the period of facility. No drawings can exceed the final maturity date.

Financial Markets

TRAIN: Standard Chartered TRAIN is an initiative that offers index linked structured deposits, swaps, notes and investor clients. TRAIN products are linked to proprietary indices developed with Standard Chartered and may be principle protected or principal at risk structures.
FX SPOT AND forward: A Foreign exchange transaction that involves the buying and selling of one currency against another at an agreed rate of exchange and amount , with physical delivery of the two currencies on an agreed date , or within a pre-determined period in future.
FX Option (Vanilla) : A derivative instrument of generic Spot and forward foreign exchange. This gives customers added flexibility when managing foreign exchange risk , whether for trading or yield enhancement purposes.

For other products offered by Standard Chartered please use the following link SCB Group Link

Please feel free to contact us for all queries related to Wholesale Banking products at CSG.Nepal@standardchartered.com