BUSINESS BANKING

Herzog Merchant Bank believes in having a symbiotic relationship with its clients. As our clients grow, their financing needs increase and our customers face new challenges. Herzog Merchant Bank recognizes these challenges and offers streamlined banking processes in an effort to help simplify your banking needs. Herzog Merchant Bank is focused on highly personalized service and access to decision makers, thereby providing rapid decision making and flexibility to assist with your needs.

We provide a wide variety of Accounts, Financing and Trade Finance facilities designed to deliver working capital efficiency through effective receivables management or payables process engineering.Herzog Merchant Bank has the right solutions tailored for you. Manage and monitor your business transactions 24/7 via our secure, eBanking platform

ACCOUNTS

We offer various types of accounts that are suitable for all businesses from start-ups. In addition to local currency accounts, the following accounts can also be opened in all major currencies such as CHF, USD, EURO, GBP, CAD and JPY.

• Current Account.
• Time Deposit Account.
• Call Deposit Account.

DEPOSIT PRODUCTS

Perhaps you want to make a short-term deposit to ensure security of cash with interest for a period ranging from one to seven days, one month or one year. In this case our Savings, Time Deposit and Call deposit accounts are just what your business needs.

Get the convenience of instant withdrawals through our Call Deposit Account and make short notice withdrawals from your Time Deposits. Whatever you choose, we offer attractive interest rates with a high degree of security.

LENDING PRODUCTS

Perhaps you require trade finance to expand your business interests. As a businessman you may have to open Letters Of Credit and require finance to cover these. Your company(s) could be considering diversification and would like to Mortgage Land & Building in their possession to cover these. Perhaps all you require is Trust Receipt, Overdraft and Cheque Discounting.

• Commercial Loans – short and medium term.
• Local Bills Discounting.
• Trust Receipts.
• Guarantees – Tender or Bid Bond, Performance Bond, Advance Payment & HMRC Guarantees.

Benefit from our various asset based lending and financing solutions designed to address your specific needs.

TRADE FINANCE

Herzog Merchant Bank provides a range of trade finance services to help its customers finance their growth. To discuss your trade finance needs, contact your relationship manager who will work with you to find the best solution. Whatever your requirements, you can be sure we offer the most flexible trade finance options, structured to suit your particular needs.

Trade Finance services include:

• • Import
  • Letter of Credits (L/C)
  • Guarantees
  • Import Collections
  • Trust Receipt Financing
  • Export
  • Export
  • LC Advising & Confirmation
  • Documentary Collections
  • Export Finance
  • Export Discounting/Purchase

INTERNATIONAL PRESENCE 

Herzog Merchant Bank international network and extensive correspondent banking relationships can help your business expand across the globe. Our dedicated Group Financial Institutions department can assist you with a myriad of services from Payments Processing to Syndications.

ONLINE BANKING 

Our secure online banking platform, HZG business checking gives you total control of your account. Delegate authority through Login Management, transfer funds locally or internationally at highly competitive rates, have immediate access to your SWIFT messages, manage your entire trade finance cycle online, pay your staff salaries seamlessly, view and download real-time account information and so much more.

HZG online services are unique, cost-effective and unmatched – over 120 different online banking services.

• HZGcms – make secure third party payments at your convenience.
• HZGeLC – manage your trade finance activities online.
• HZGefx – trade currencies in real-time.
• Multiple log-in management allowing controlled access to multiple authorized users.
• Push banking service is an event-driven system – receive SMS alerts for the transaction of your choice.
• eStatement – receive your statement of accounts via secure email.
• View and download real-time account history in either Excel™/XML.
• View all your accounts centrally.

Manage and monitor your account 24/7 via our secure, eBanking platform, HZGmobile HZGgsm (SMS alerts).