International
Trade Services &
Letters of Credit
International Risk Mitigation
for U.S. Importers
and Exporters
PNC Can Help Streamline
Your International Trade Transactions
Cross-border cash flows can be less predictable than domestic ones. In order to thrive internationally, you need to optimize working capital, manage risk, maximize cash flow and readily access liquidity in the face of complexity.
PNC can help you reach your goals with efficient, cost-effective trade services. We can help you improve liquidity with specialized credit programs and payment methods. We can also help you determine the best way for your company to conduct transactions, reduce payment and collection risk, and facilitate your transactions through one of PNC's various Trade products, including Letters of Credit and documentary Collections.
PNC Can Help You Get The Most From
Your International Trade Strategies
Optimize Working Capital
Trade Services can play an important role in helping you improve your treasury team’s international trade working capital strategy. PNC can help you to extend your payables and accelerate your receivables by advising you on the proper way to incorporate payment terms.
Improve Cash Flow & Access Liquidity
Trade services can help you make it easier to release cash back into your operating cycle and can be used to help buyers extend their payment terms, or alternatively help suppliers to accelerate their receivables. Managing your access to cash can help to increase your working capital and reduce your borrowing needs.
Obtain Strategic Support
If you are engaged in international trade, you are looking for the most cost effective and efficient way to make and receive international payments without incurring unnecessary risk, PNC's trade advisors can help you provide information on best practices.
Mitigate &
Manage Risk
Whether you are buying or selling, PNC can help you navigate the additional risks that may be present when a company is involved in international trade transactions.
Grow
International Sales
Trade services solutions can help you make it easier for foreign customers to purchase your goods and services, while helping you mitigate your company’s payment risks.
Select
Your Currency
Transacting business only in U.S. dollars can reduce your competitiveness and incur additional costs and risks. The right currency is key.
PNC Can Help Improve Importing & Exporting Performance
Services for Exporters
Services for Importers
Take Advantage of PNC's Online Transaction & Reporting System
With a single sign-on to PINACLE®, PNC’s top-rated corporate online and mobile banking portal, you can access our Trade Services module to initiate transactions and automate reporting for all your letters of credit, documentary collections and acceptance transactions. This service can help you reduce the time and expense of managing paperwork.