Trade Finance are a power tools of international trade.We assist companies in their investment and trade financing decision process. If you are likely to buy products or services to sell on to a third party, then you need our trade finance service.
We provide you a letter of credit in the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase. Due to the nature of international dealings, including factors such as distance and difficulty in knowing each party personally, the use of letters of credit has become a very important aspect of international trade.
Need a standby letter of credit? The Standby Letter of Credit (SBLC) is an irrevocable documentary commitment, separate from the sales contract, issued by the bank to a third-party beneficiary and promising to pay on behalf of the originator a specific sum of money against delivery of documents satisfying the terms and conditions of the SBLC.
What is a bank Guarantee? A bank guarantee is a guarantee from a lending institution ensuring the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank covers it.Grow your business by providing your suppliers and vendors with certainty of payment.
Explore our wide range of business loans and credit lines facilities to suit your business needs. Our services let you choose what’s right for your business now and in the future. Convenient and flexible terms, payment schedules and credit access can let you concentrate on what’s most important – running your business.
Through our network of Bank Guarantee Issuers and financial services providers, Wayfoong Financial Limited is able to issue Monetisation LC Discounting. We offer guaranteed fast completion process and lowest interest only rates for a fixed period.
Need a Private Placement Program or Trade Platform for your business The Private Placement Programs are private programs based on the purchase/sale of bank financial instruments. These instruments are bought fresh-cut with a significant discount on their face value to then be resold at a higher price in the secondary market.
Clients allocate money – either their own or money they manage for their clients – to Wayfoong Financial Limited to manage according to a specified mandate or fund prospectus. We measure these monies as assets under management – AUM – and growth in AUM is a key output of our strategy. Our AUM increases or decreases, primarily depending on our ability to attract and retain clients’ money, our investment performance, and currency movements.
Our clients pay a management fee, and in addition, Wayfoong Financial Limited may receive a performance fee from clients when our managers deliver strong investment performance. Wayfoong Financial Limited’s management and performance fees are sourced from a diverse range of investment strategies, which contribute to the sustainability of our business model.
The resources which Wayfoong Financial Limited deploys to manage clients’ money are heavily people-focused and constitute our cost base. We apply stringent cost discipline to our business, while at the same time making sure we have the right remuneration arrangements in place to attract and retain top-class talent across all business functions. This balance between cost discipline, reward and investment is key to the long-term success of our business.
We generate value for our shareholders by delivering sustained revenue growth, a function of our distribution activities, strong investment performance and our decisions to invest to grow our business.