ING Wholesale Banking can help you with

Trade finance services

When your company is involved in the import or export trade, having a bank that facilitates your global business activities is of vital importance. By minimising the risk on transactions, ING’s custom-built professional trade finance products keep your company at the top of its game.

Our trade finance products include letters of credit, documentary collections and bank guarantees. With a letter of credit (also known as a documentary credit), the buyer’s bank guarantees payment to the seller if certain criteria are met. Documentary collections, just as letters of credit, reduce the payment risks on international trade transactions, and with a bank guarantee your obligations to third parties are ensured. All these products offer security and protection against risks if an international trade transaction does not go as planned.

Importers and exporters can also use a letter of credit to obtain financing. An exporter, for instance, can obtain funding from his local bank to manufacture the goods as this bank is assured that payment will follow when the documents are presented under the credit.

Our trade finance experts acquire a fundamental understanding of the way you do business so we can offer advice tailored to your specific situation. Our products can be combined and shaped into a custom-built product that helps reduce your risks and will enable your business to flourish.

  • facilitating global business activities
  • minimising risk on transactions
  • product offer suited to your requirements
  • allowing your company to flourish


More information on ING InsideBusiness Trade can be found here.

Get in touch with our local office

Please get in touch with the listed office to discuss any enquiries you may have.

Select country

R3 and TradeIX develop open account trade finance infrastructure

September, 2017

Enterprise software firm R3 and trade finance technology firm TradeIX announced an innovative initiative focused on the overhaul of open account trade finance infrastructure.

Read more

HQLAᵡ selects Corda for collateral lending solution with R3 and five banks

April, 2017

Financial innovation firm R3, five of its members and financial resource management specialist HQLAᵡ have built a collateral lending solution for liquidity transfers on R3’s Corda distributed ledger platform.

Read more

Disruptions in the finance industry – are you ready?

March, 2017

New technologies and business models are changing the finance industry completely. What are the new skill-sets needed by the employees of the future?

Read more

Cross-border payments: the next generation

March, 2017

FX-MM examines the latest developments in cross-border payments, one of the hottest areas of banking evolution and innovation. With a contribition of Evelien Witlox, global head Payments & Cards at ING.

Read more

JPMorgan, Microsoft, Intel and others form new blockchain alliance

February, 2017

JPMorgan Chase & Co, Microsoft, Intel and more than two dozen other companies, including ING, have teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum in the latest push by large firms to move toward distributed ledger systems.

Read more

Ten major banks test shared KYC service with R3 blockchain consortium

November, 2016

The R3 blockchain consortium and ten of its consortium member banks, like ING, have developed a proof-of-concept for a KYC registry for Know Your Customer (KYC) requirements. This proof demonstrated how distributed ledger technology can help banks fulfill basic KYC requirements of new customer onboarding while providing increased transparency, security and cost-efficiencies.

Read more

Kick-off Dutch Blockchain Hackathon

November, 2016

Today, at ING headquarters in Amsterdam, the kick-off was held of the Dutch Blockchain Hackathon, the first large-scale Dutch blockchain Hackathon, aimed at 'Improving society through blockchain-based solutions'. This event will run through 12 February 2017, when the winner will be announced.

Read more