Protecting import and export transactions

Protecting transactions

Reduce payment risk in cross-border transactions

Exporters or importers can require the other party to secure their payment obligation with this financial instrument. With a Letter of Credit, Huntington provides a payment guarantee when certain agreed-upon conditions are met in the transaction.

Protecting transactions

Avoid the cost and risk of making payment in advance

With Documentary Collections, the supplier ships the goods, and Huntington manages all the shipping documents needed to clear customs. The documents are then released to you in exchange for your immediate payment (sight draft) or promise to make payment on a specified future date (time draft).

Export financing

Trade asset discounting

Sales of instruments utilized to offer extended repayment terms associated with international sales, such as letters of credit and other trade products.

Export financing

Export Import Bank lending

A custom line of credit guaranteed by the United States Export Import Bank (EXIM) that allows a company to utilize certain foreign working capital assets as eligible collateral in a secured financing. Huntington is a former lender of the year winner with EXIM and is among a small number of “fast track lenders” with $50MM in delegated authority.

Public finance and tax-advantaged

Meeting treasury management requirements

Our deeply experienced global trade team excels in facilitating international trade and establishing local treasury and credit relationships in foreign countries for our customers through our extensive correspondent banking network.

Reduce costs

Securely transfer funds in real-time between banks in the U.S., and around the world.

Access a global banking network

Work with a global network of banks that helps to accommodate treasury management and credit needs in foreign countries.

Explore Related Services

Foreign exchange

Huntington customers can save time before a trip by pre-ordering more than 75 world currencies.

Commercial business insurance

Huntington Insurance offers customized solutions for your business, no matter how complex your needs.

Insights featuring advice and guidance

Debt, Capital & Financing

Is your business prepared to generate liquidity during an economic downturn?

Alternate liquidity strategies can help organizations struggling to attract financing through traditional means and enable them to optimize their working capital.

Market Research & Economics

Hedging strategy starts with understanding risk

Before developing a hedging strategy, understand areas of risk and the tools to manage them.

DEBT, CAPITAL AND FINANCING TRENDS

Considerations for nearshoring

Nearshoring can offer benefits, but companies should understand its complexities to determine whether it’s the right choice for them.