International Desk

Local services of Santander Germany

Bank Accounts

• Residents and non residents accounts (Corporate Star) for payments & collections (EUR, USD, GBP, MXN, CHF, PLN and CNH).

Electronic Banking

• Partnership with the FinTech Business Logics (EBICS Client Frontend Service provider, tools available in german and English).
• EBICS connectivity (German standard for integration with Electronic banking systems, Treasury tools or ERP systems) Long term loans (Mortgages, investment financing).

Cash Management

• Saving accounts, deposits, investments (funds).
• SEPA direct debits (Debtor and Creditor services)
• Customers’ incoming payments in a single account.
• Incoming SEPA Credit Transfers
• Urgent Payments (Treasury payments), SEPA Same Day Valeu Payments
• Credit Cards (Individual for SME Clients)
• Petty Cash Services: Cash handling services / armored / Through Cash Transportation service provider
• Deposits (EUR)
• POS through Card Payment Service provider.

Payments types

• Payrolls also through DATEV (external service provider for Corporate Customers): Salary payments.
• Tax payments
• Electronic Banking, file transfer or report (pain 001 or 008 respectively international currency payments)
• Checks.

Lending

• Working capital lines (Overdraft, Short term loans).
• Medium Term and Long term investment financing.
• Public development loans (KfW and NRW Bank)
• (Syndicated) Commercial Real Estate Financing.
• Currency available: EUR

Trade Finance

• Import and Export Collections:
  • Documents Against payment (D/P)
  • Documents against payment undertaking (instead of documents against acceptance).
  • Currencies available: EUR, USD

• Import and Export Letter of Credits:
  • All features are available
  • Currencies available: EUR, USD

• Export Letter of Credits:
  • Advising and handling, confirmation and discount (upcoming product capability)

• Trade loans (Pre-export finance, post-import finance) - (EUR)

• National & International Guarantees and Sureties:
  • Direct / Indirect
  • Currency available: EUR

Liquidity

• Time deposits
• Repurchase agreements
• Government Bills
• Money market funds
• Mutual funds