Payments and Documentary Business
We provide a range of financial services to domestic and foreign businesses involved in cross-border trade and shipping activities.
Our experienced and well trained staff in the field of payments and documentary business ensures all domestic and international transactions are settled smoothly.
We are a member of the euro clearing systems provided by the European Central Bank (TARGET2) and the Euro Banking Association (STEP1/EURO1), and have banking partnerships throughout the world. As a result of this extensive network we have the ability to settle commercial transactions in most currencies and across most regions reliably and promptly.
In addition to settling the most commonly used domestic and foreign payment transactions (including transfers, direct debits and cheques), we help our clients take advantage of the Single Euro Payments Area (SEPA).
To support our clients in managing payments electronically we offer a choice between three electronic banking systems, which ensure the swift, safe and efficient exchange of data and information: the Berenberg Corporate Portal, MultiCash (TM) and Berenberg Online Banking.
In documentary business we offer our clients a reliable and quick processing of collection and letter of credit transactions.