Standard Chartered takes pride in presenting a Global Rebate Program proposal for your trade documentary business routed to our major global booking locations.
With the intention of deepening our relationship, we have set out a proposition that you will find highly attractive and which will bring you obvious and immediate benefits should you choose to consolidate your business through Standard Chartered.
Attractive Business Return
On a transactional level, we are proposing an attractive rebate structure which, based on your business flows, could generate quality revenue stream with no material adverse affect on the beneficiaries.
We will consolidate all rebates for accrued at various booking locations and pay you a single rebate payment in US$ with improved turnaround time. Detailed reports will help you to reconcile the rebates for the volumes sent to our network.
Customer Service
Transaction Banking Sales Specialist would be your single point of contact for any inquiries you may have relating to global rebates paid, reconciliation etc
Reporting
All Letters of Credit activity will be tracked. You will receive on a monthly /quarterly basis a report showing activities during the selected period and the rebates due and paid. This will not only help you to analyse the volumes sent but also reconcile the rebates credited to your nostro account.
Payment of Rebates
Rebates will be paid to the extent that Standard Chartered Bank has collected the full amount of the respective commissions and fees from the responsible third parties.
Rebates agreed will be credited to your designated account every month / quarter. Alternately, if you chose to receive via check, it can be also accommodated.
Why wait? Contact your Relationship Manager, Sales Specialist to know more about our rebate offers under this Global Rebate Program now!