Global Liquidity Facility
Global Liquidity Facility
How it works
01
Reciprocal onboarding and due diligence
02
Trade Credit Agreement signing
03
Issuance of Documentary LC backed by SBLC
04
Discounting of LC and disbursement of funds
Eligibility
Licensed and regulated financial institutions
Strong financial governance and audited statements
Compliance with KYC/AML requirements
Exchange of SWIFT RMA keys
Key benefits
Instant, alternative source of financing
Funds are essentially customer deposits supported by trade instruments.
Available in multiple currencies within five (5) days following request.
Optimises the Bank’s balance sheet
LCs are off-balance sheet and SBLC backed
Proceeds are treated as customer deposits and not as a loan; this enhances liquidity ratios and borrowing capacity.
No collateral required from the Bank.
Straightforward process with minimal documentation
A Trade Credit Agreement, an Import LC and a Standby LC are the only documents involved.
No additional operations processes or staff training is required.
Flexible tenor and unrestricted use of funds
Tenor can be extended by rolling over the facility at maturity.
Use of funds for general corporate purposes.
FAQs
Find answers to common questions about our Global Liquidity Facility and its features.
Licensed and regulated financial institutions with strong financial and compliance profiles.
It is a structured trade finance product enabling instant access to short-term liquidity through the pre-payment of deferred Import LCs issued by your institution to Premier Trading Services. These LCs are backed by SBLCs issued by international Grade A banks.
Premier Trading Services FZCO will open a bank account and become a client of your bank following your banks onboarding and account opening procedures and we will onboard your bank on providing the required documents and meeting the eligibility criteria specified here (link or download)
It typically takes two weeks to complete onboarding on our end, subject to the provision of all requested documents. Since the Bank must onboard Premier Trading Services FZCO as a client as well, the duration depends on the respective bank.
Funds are typically disbursed within 5 business days on request when onboarding is complete
Contact us
Level 1 Jewellery & Gemplex 3,
Dubai, United Arab Emirates