Maus Coex Capital, a Spanish-Mexican private bank established in 2001, has announced the expansion of its Global Private Banking Services. The expansion places a significant emphasis on trade finance instruments, particularly standby letters of credit (SBL/Cs) .

The adoption of these instruments together with the bank's wider strategic expansion reflects its commitment to addressing the evolving needs of clients in the global trade landscape, offering tailored solutions that align with the complexities of international commerce.

L/C emphasis

Central to its expansion is the bank's enhanced focus on SBL/Cs that provide payment assurances to beneficiaries in international trade transactions.

Maus Coex Capital's offering includes both the issuance of and advisory services related to SBL/Cs, with the aim of facilitating smoother and more secure global trade operations for clients.

Implications for clients

By bolstering its services around SBL/Cs, the bank aims to support clients engaged in international trade, providing them with tools to mitigate risks associated with cross-border transactions.

This move is particularly beneficial for businesses seeking reliable financial instruments to ensure payment security and enhance trust with international partners.

SBL/C features

The bank's SBL/C's are issued via SWIFT MT760 from global Tier 1 banks with strong capital bases alongside global operations and reach.

The standby facility is particularly well suited for construction, trade, investment, and contract guarantees. It is available for lease or purchase transactions.

This article represents the views of the author and not necessarily those of the ICC or Coastline Solutions.