Products & Services

Corporate Banking

BPD Bank has more than two decades of experience in the international market serving Corporate and Correspondent Banking customers. The experience and expertise of our International Division, particularly in the Latin American and Caribbean Markets, are key to our ability in delivering innovative and traditional financial solutions to our customers. Our extensive worldwide base of Correspondent Banking Relationships allows us to provide our customers with expedient service around the globe. 

BPD Bank offers the following corporate banking services:

Account Services:

  • Business Checking Accounts
  • Certificate of Deposits
  • Demand Deposit Accounts
  • Money Market Accounts
  • Sweeping Accounts
  • Overnight and Term Investments
  • Cash Letter
  • Collection Services:
    • Check Collections
    • Documentary
    • Clean

Financing:

  • Commercial Letters of Credit for established customers
  • Discounting of Bankers Acceptances and Trade Drafts
  • Export and Import Financing
  • Financing and Cash Management
  • Forfaiting
  • Refinancing of Letters of Credit
  • Short-term and Medium-term loans secured by U.S. assets
  • Structured Commodity Finance
  • Working Capital Loans
  • Foreign Exchange
  • International Banking Facilities (IBF)

Letters of Credit:

  • Export and Import Letters of Credit
  • Standby Letters of Credit
  • Wire Transfers