![]() ![]() commercial letter of credit with secured worldwide cash withdrawal within the correspondent network.international network of correspondent banks.foreign exchange department for payment transactions.bill portfolio department: turning money that would be received later into money that is received immediately.securities exchange (e.g., bond and share purchases/sales). ![]() ![]() export business, thanks to interbank relationships, documentary credits and clearing.documentary credits for importing goods, etc.industrial bonds (issues), if necessary in consortium with other banks."salon des étrangers": cashing letters of credit and travelers’ checks, exchanging money with a travel agency and a correspondence address for travelers.deposit department for savers and account management for passive and active wealth management. ![]()
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