Correspondent Banking

International Business unit of EBL facilitates the bank’s trade business through 594 correspondent banks around the globe. Establishing relationship management application with the correspondents is a vital task for maintaining correspondent relationship globally. The unit facilitates trade business by seeking quotation of UPAS, discounting, confirmation, routing the L/C through correspondent banks and getting the guarantee business for the applicants against the counter guarantee of different foreign banks in favor of priority sector of government projects. By giving these non-funded facilities, the bank is not only generating revenue but also playing an important role to the country’s infrastructure and overall economic development.