Extradeal
24/7 access to your trade finance portfolio
- Manage your documentary trade online: Letters of credit, Documentary Collections and Bank Guarantees
- Available anytime and anywhere
- Easy user permissions management
Your L/C’s, Documentary Collections and Bank Guarantees in order
Extradeal allows you to manage your Trade finance transactions in a secure online environment 24 hours a day, 7 days a week. This gives you an always up-to-date view of your trading portfolio.
Accept your trade documents online
Always value for money, even when doing business abroad. That’s Extradeal. With real-time online tracking of your documentary transactions. Your records are always up to date. Eliminate unnecessary risk as you check and accept documents online before paying.
Permissions on individual user level
You decide whether to give your employees access to Extradeal. And you decide what they can do on the Extradeal platform. View trade documents online, apply for Bank Guarantees, or initiate Letters of Credit? The choice is yours.
Doing business outside the EU
Outside the EU, there is no free movement of goods. There are customs formalities to deal with and you are under an obligation to use trade documents. With these documents, you can then collect the goods from the bonded warehouse. This applies to both import and export. Trade documents are generally only released once payment terms are met.
ABN AMRO Extradeal
You want to be able to do business any time. That’s why we offer Extradeal to you. It lets you manage your Letter of Credits, Documentary Collections, and Bank Guarantees in a secure online environment 24 hours a day, 7 days a week.
Watch the video (2:54) in which we explain how it works.
Features
What is Extradeal?
An online platform that allows you to manage your Letters of Credit, Documentary Collections, and Bank Guarantees efficiently and securely.
For whom is Extradeal suitable?
For corporations that regularly buy and/or sell goods abroad and use Letters of Credit, Documentary Collections and/or Bank Guarantees.
Fees
We charge a € 250 one-off setup fee for Extradeal. Transactions under Letters of Credit, Documentary Collections and Bank Guarantees are subject to the standard Trade Finance fees.
Options
- Open and amend an Import Letter of Credit, electronically accept or reject discrepant documents.
- View information on the advice or amendment of an Export Letter of Credit.
- View the presentation of an Import Documentary Collection and the associated documents, order the financial settlement of an Import Documentary Collection.
- Create an Export Documentary Collection and send it directly to the collecting bank abroad.
- Check the transaction status of your Letters of Credit and/or your Documentary Collections online.
- View up-to-date reports and management information.
- Open and amend a Bank Guarantee.
Apply for Extradeal
Would you like to apply for Extradeal or learn more about the product.
Please contact Trade Finance Operations at 010 – 402 54 44 (local rates apply).
Need support?
Do you have a technical question about or need assistance using Extradeal?
Please contact Service Desk Trade at 010 – 402 54 44 and select option 3 (local rates apply).
What is Extradeal?
An online platform that allows you to manage your Letters of Credit, Documentary Collections, and Bank Guarantees efficiently and securely.
Conditions
For whom is Extradeal suitable?
For corporations that regularly buy and/or sell goods abroad and use Letters of Credit, Documentary Collections and/or Bank Guarantees.
Fees
We charge a € 250 one-off setup fee for Extradeal. Transactions under Letters of Credit, Documentary Collections and Bank Guarantees are subject to the standard Trade Finance fees.
Options
- Open and amend an Import Letter of Credit, electronically accept or reject discrepant documents.
- View information on the advice or amendment of an Export Letter of Credit.
- View the presentation of an Import Documentary Collection and the associated documents, order the financial settlement of an Import Documentary Collection.
- Create an Export Documentary Collection and send it directly to the collecting bank abroad.
- Check the transaction status of your Letters of Credit and/or your Documentary Collections online.
- View up-to-date reports and management information.
- Open and amend a Bank Guarantee.
Apply for Extradeal
Would you like to apply for Extradeal or learn more about the product.
Please contact Trade Finance Operations at 010 – 402 54 44 (local rates apply).
Need support?
Do you have a technical question about or need assistance using Extradeal?
Please contact Service Desk Trade at 010 – 402 54 44 and select option 3 (local rates apply).