African Century Limited, through its International Banking department, facilitates foreign cross-border transactions for individual and corporate clients with easy. The department offers a wide range of services that include: Telegraphic Transfer (TT) Payments, Export Documentation, Exchange Control Advisory and Trade Finance Instruments.
ACL processes inward and outward electronic foreign currency payments via SWIFT, through correspondent banks in all major currencies. The Bank is a member of the Society for Worldwide Interbank Financial Telecommunication (SWIFT). Our SWIFT code for international payments is AFCNZWHA.
We process export documentation whilst clients wait to facilitate efficient custom clearance of exports.
ACL provides advice on Exchange Control regulations to clients related to cross-border capital and trade transactions. We also assist in the processing of Exchange Control applications to facilitate international trade.
Through our foreign correspondents and international partners, ACL can provide international trade instruments to exporting and importing clients. We offer trade finance solutions that mitigate risk to clients trading on the international market and those developing new foreign markets. We offer the following products:
Confirmed and unconfirmed letters of credit for both imports and exports.