International services
Whether you’re already trading overseas or considering taking advantage of overseas opportunities, our locally based international managers are here to help. They have access to a range of international products and services that can make overseas trading as simple as possible.
SME Business Exporting Statistics
Despite evidence that overseas demand is helping to fuel growth amongst many UK firms, research commissioned by Lloyds TSB Commercial in 2010, has shown that only one in three of Britain’s small and medium-sized enterprises (SMEs) have caught on to the potential benefits of global export markets.
By far the biggest worry amongst firms is that there would not be demand for their product or service overseas. Other concerns include fears about possible late payments, a lack of resources to explore new markets and worries about potential bad debts. Read the full report.
International accounts
Accounts for businesses trading in the Euro.
For businesses making transactions in foreign currencies.
For businesses that trade internationally in currencies other than sterling.
Making payments internationally
A range of payment services available to help you pay or receive money when trading abroad.
Feel more confident trading in new markets with documentary letters of credit.
Help manage trade transactions through documentary collections.
Support your trading activities with a wide range of guarantees and standby credits.
Simplifies collection of regular payments and subscriptions across the countries within the Single Euro Payments Area (SEPA).
Trading internationally
Fast, secure online access to international trade services.
Order sterling or foreign currency securely online through TravelLink.
Protect your contracts against exchange rate movements.
A range of trade financing facilities to help finance growth, including possible support from the new Export Enterprise Finance Guarantee (ExEFG) scheme.
More information on Arena
