Currency Content

Currency Converter: multi-lingual currency converters allow your users to find the exchange rates immediately. FXConverter is available in 7 languages and fully customizable.

Travelers' CheatSheet: multi-lingual currency cheatsheet for travelers allows your users to print a quick look up table to take with them on their next trip. FXCheatSheet is available in 7 different languages.

Currency Cross rate table: select the currencies you wish to include and add a cross rate table to your site within minutes.

FXMap: is a visually stimulating display of a currency’s relative strength. A color-coded “temperature map” of the world shows the strength or weakness of a currency through color values within a user defined date range.

FXGraph: allows you to display customized graphs of historical exchange rates for any of the 164 currencies on your Web site. Daily rates are available back to 1990.

FXTrends: table displays the change (trend) in currency exchange rates for the top most traded currencies.

Currency Data Services

We provide currency information and services to thousands of Web sites and businesses worldwide. Whether you need to localize prices on your online store or automate receiving foreign exchange data with your accounting and corporate applications, OANDA has the tool.

Low Cost International Money Transfer

FXGlobalTransfer is a reliable, secure way to send money overseas to businesses, friends or family. Take advantage of our low exchange rates and flat fee to exchange money and transfer it to a bank account worldwide. Most transfers to the EU, US or UK complete in two business days or less. Find out more»

Other benefits include:

• No signup or account maintenance fees.
• No minimum or maximum transfer limits.
• Interest paid on outstanding balances.
• Live customer support.

Currency Tools & Rate Feeds

OANDA's currency tools and services are ready for immediate use and can be dropped into your Web site in a matter of minutes with the same look and feel of your own Web pages. Companies like FedEx, Microsoft and Amazon use our tools to add value for their customers or automate their internal processes relating to foreign exchange. Use our Data Services to retrieve currency exchange rates over the internet from our exchange servers.

Currency Data Services, Currency Content, and Currency Localization Services provide simple & effective solutions to enable e-businesses to instantly publish prices in their users' home currency. Our online International Money Transfer service enables you to safely send money around the world with the same low rates you get with all OANDA products.

FX History

FXHistory is the easiest tool to access the largest foreign exchange database on the Internet. To obtain the historical exchange rate for any currency pair, select the language, the range of dates and the currencies you would like to obtain exchange rates for. You can obtain the historical exchange rates with the desired rate (cash, interbank, credit card), in ASCII, CSV or HTML format. Click on "Get Table" to obtain the historical currency exchange rates from our exchange servers.

DoorStep Banking

Convenient pick-up service for your different business needs

For selected clients, a secure, personalised pick-up service is available for the collection and delivery of items between the bank and our clients in Pakistan - there’s no need to visit a branch and queue at a counter.

• Regular working weekday pick-ups of cheques, cash and payment instructions.
• Please contact us for further details on services offered.

• Service is available during office hours only, six days a week including Saturdays.
• A fee may be levied based on pick-up frequency and volume of business.

Payments

Efficient systems to maximise cash balances

Effective management of Days Payable is particularly important since it directly impacts the efficiency of your working capital.

Through our branches and strategic bank alliances, we provide integrated physical and electronic payment solutions which support more efficient management of Days Payable.

Cash withdrawals

Cash withdrawals can be easily made at any of our branches within Pakistan.

Cashier’s orders and bank drafts

We offer a wide range of payment options including cashier’s orders and local or foreign bank drafts. We also offer a cheque issuance service for better cost control and efficiency, allowing you to focus on your core business.

Cheque books

We provide cheque books for PKR and aforementioned foreign currency accounts.

Integrated fund transfers

With our international network of branches and correspondent banks, we can send your payments electronically to almost any country, in all major currencies and most unrestricted currencies.

Collections

Realise value by streamlining and accelerating the receivables cycle

Through Commercial Banking we offer integrated physical and electronic collection solutions to significantly reduce Days Receivable and thus improve workflow management.

We provide a comprehensive range of payment options for your customers, backed by the right electronic information so you can reconcile your sales ledger promptly and easily.

Cash and cheque deposits

Cash and cheque deposits can be easily made at selected branches and Royal Preferred Banking Centres.

Accounts

The better you control your cash, the harder it will work for you

Current/Savings accounts

Through Commercial Banking we offer vital benefits which allow you to make the most of your cash balances.

• Simple and hassle-free account opening for both domestic and foreign currency accounts
• Earn interest on your idle balances
• Secure and efficient electronic banking any time, anywhere
• Flexible account structures to allow for future changes

Accounts are available in PKR, GBP*, Euro* and USD* (*subject to regulatory approvals). Services include:

• Statement of accounts
• History of past transactions
• Audit enquiries
• Bank Reference Letter

Time deposits

Time deposits offer higher interest rates

Time deposits in Pakistan dollars and most other major currencies allow you to maximise your short-term holdings.

• Attractive interest rates
• Automatic renewal on maturity

Derivatives

Foreign exchange can be traded through a number of different vehicles or options, each of which will suit different enterprises in different situations, and all of which can be handled by our team of commercial banking specialists throughout the world.

FX Options give the holder the right (but not the obligation) to buy (Call) or sell (Put) a given amount of one currency against another at a predetermined (Strike) price on a given date. This provides extra flexibility over an FX Forward contract and can be an ideal yield enhancement tool for companies with excess liquidity.

Our FX team has a strong risk advisory platform and on-the-ground local expertise in more than 47 countries providing expert advice on the use of FX derivatives.

Spots & Forwards

A simple FX Forward contract, determined on the basis of the spot rate and the interest rate differential between the two currencies involved, is an obligation to buy or sell a certain amount of foreign currency on a certain date in the future.

This allows a company to hedge against currency movements between the date of ordering goods and their delivery and carries little risk if the deal goes through smoothly.

These contracts can differ in detail:

• Vanilla FX Forward contracts
• Dynamic FX Forward contracts
• Non-deliverable Forward contracts

Our FX team has a strong risk advisory platform and on-the-ground local expertise in more than 47 countries providing a forward market-making capability for every freely traded currency.

Foreign Exchange

Equipped with a wide range of leading financial tools, our extensive team of global markets specialists provides the best-in-class advisory information and recommendations tailored specifically to your business needs. We offer solutions by limiting risk and maximising returns through easy and flexible foreign exchange services.

Foreign Exchange (FX) Service

FX services can help manage a business's cash flow through improved planning of cross-border payments. Spot foreign exchange, forward exchange contracts and derivatives are the three most commonly transacted foreign exchange services that allow businesses to better budget their cash flow based on the guaranteed pre-determined exchange rate. FX Swaps and Options are available on a discretionary basis appropriate to clients’ needs.

Agriculture Finance

We have a team of specialists for the Agricultural sector financing around agriculture belt areas.

The focus is on seasonal and medium term financing/requirement for seeds, fertilizers, pesticides, traders, tractors, tube wells, threshers etc.

Commercial Banking Pakistan is offering various financing products to cater to the requirements of Agriculture sector such as:

• RBS Agriculture Finance Scheme (Short term loan for input requirements)
• RBS Tractor Finance Scheme (Medium term loan for purchase of tractors)
• RBS Farm Mechanization Scheme (Medium term loan for purchase of machinery and equipment like harvester, thresher etc)
• RBS Livestock Development Scheme (Medium term loan for Development and production purposes of Dairy, Poultry, Fisheries etc)
• RBS Abiyari / Water Management Schemes (Medium term loan for purchase of Tube wells, water channels, water reservoirs etc)
• RBS Godown Construction Scheme (Medium term development loan for construction / renovation of godowns bins etc)
• RBS Farm Transport Scheme (Medium term loan for purchase of Farm transportation like carriers, mini trucks, mobile chilling units and motorbikes etc)
• RBS Land Development Scheme (Long term loan for development of arid land, purchase of equipment / machinery like land levellers etc)

Asset Based Finance

Asset-based finance, especially leasing, is based on the proposition that profits are earned through the use of assets rather than from their ownership

Commercial Banking Pakistan provides cost effective asset-based finance solutions that allow businesses to consider an alternative source of financing for capital equipment.

Flexibility, tax benefits, balance sheet optimization and cash flow structuring are some of the key benefits for businesses which opt for lease financing instead of outright purchase.

Commercial Banking Pakistan is only offering Finance lease under asset-based finance with the following sub types:

• Direct Lease Facility
• Sale & Lease back

Loans

Loans are a flexible method of financing short-term capital needs, often without the need for supporting collateral or restrictive covenants

Loans are available to finance inventory, receivables and other requirements, in local and foreign currencies.

• Accounts receivable financing
• Accounts payable financing
• Inventory financing
• General purpose secured loans
• Term loans
• Overdrafts

Trade Finance

Reduce costs and risks while assuring payments and speeding up cash flow

Import financing

Short-term import loans for the payment of goods enable you to seize business opportunities while improving cash management.

Packing loans

Short-term, pre-shipment financing enables exporters to procure raw materials for the manufacture of finished goods for export.

Export bills negotiation/discounting

Short term, post-export financing after the shipment of goods can be arranged while awaiting payment.

Supply chain finance

An effective tool to allow major buyers to negotiate preferential purchase terms and to strengthen relationships with their vendors and core suppliers.

Supply Chain Services

Ensure seamless trading through end-to-end logistical solutions

Our supply chain finance service is an effective tool for buyers to negotiate more preferential purchase terms and strengthen relationships with vendors and core suppliers.

• Enhance long-term partnership with core suppliers by providing effective financing solutions which in turn ensure a steady flow of supply
• Optimise cash flows by harmonising terms of payments with suppliers
• Provide funding at competitive prices to suppliers
• Improve trade terms with suppliers
• No additional financing costs to buyers

Trade Chain (Import)

Maximise commercial opportunities through efficient documentary and financing processes

We offer an unmatched, comprehensive range of import documentation services to ensure a smooth commercial process.

Letters of credit (L/C)

As a leading global trade bank, we can issue irrevocable L/Cs. The ability to provide timely information, eg L/Cs issued online by Commerical Banking to your supplier, can help to speed up the shipment of goods.

Import documentary collections

We act as a trusted third party for handling shipping documents, and provide intermediary services to facilitate trade settlement with quick turnaround and competitive bank charges.

Import financing

Short-term financing can be arranged for the payment of goods to enable you to seize business opportunities while improving cash flow.

Shipping guarantees

In some events where goods arrive at the port before the relevant documents (for example the Bill of Lading), we can provide a shipping guarantee for the importer to clear goods at customs. This is an essential instrument for the importer in order to avoid heavy demurrage costs.

Bank guarantees and standby L/Cs

An undertaking from a reputable bank provides additional comfort for your clients. Payments in this case will be honoured in the event that the applicant defaults on its obligations under the contract. Guarantees are also a substitute for the cash deposits required to secure business contracts.

Cash Management

Cash management is now, more than ever, the key to efficient capital and working capital management

With Commercial Banking, we deliver cutting-edge solutions through our dedicated cash management products that help you optimise the management of your working capital and cross-border risks.

We provide end-to-end online cash management services any time, anywhere through our secure Commercial Banking Online.

Multi-currency cash management capabilities

• Boost efficiency and improve decision-making
• Accurately execute payments and collect receivables (subject to regulatory approvals)

Local relationship managers and product experts

• Proactively present solutions to match your needs
• Enhance your competitive advantage

Commercial Banking

Our business is superbly positioned in Asia to help enterprises boost cash flow efficiencies

Our full range of award-winning, innovative solutions and services are among the most comprehensive in the world and will help you to better manage, as well as grow, your personal and business wealth locally, regionally and globally.