About IDCOur focus
The International Finance department is responsible for all export credit transactions and local bridging transactions in the IDC and focuses on:
- Medium to long-term export credit transactions to finance foreign suppliers of South African capital goods and services
- Commercial cross-border transactions
- Procuring ECIC policies in respect of the medium to long term export finance transactions
- Short-term export and local bridging finance for both pre and post shipment finance
- Rand and dollar based short-term guarantees
We provide the necessary expertise and services in order to ensure positive results in projects and transactions. Among our services:
- We facilitate and implement insurance policies, including ECIC policies
- We procure and are responsible for South African Reserve Bank Approval
- We manage stakeholder relations including relations between the client, ECIC, South African Reserve Bank and the internal IDC business units
- We manage client expectations and assist the client through the documentary gathering process
- We attend and present at export councils and DTI functions
- We promote the IDC’s long term and short term export finance products
Value proposition
To position the IDC as the preferred financier for export credit transactions in South Africa and globally thereby promoting the greater IDC vision of supporting the export of South African goods and services and creating sustainable job opportunities locally and being a driving force behind the South Africa economy. International Finance prides itself in being a department that is committed to the servicing the needs of both the internal business units and our external clients.
Who to contact
For more information on the International Finance department, please click here to contact us,or + 27 11 269 3264. Alternatively, email our call centre at callcentre@idc.co.za
