Banque de Commerce et de Placements SA

Banque de Commerce et de Placements SA provides international commodity trade finance, wealth management, treasury, and correspondence banking products and services to the commercial, private, and financial institution clients in Geneva, Luxembourg, and Dubai. It accepts current accounts, saving accounts, and call and time deposits; and offers credit cards and transfer services. The companys trade finance products and services include structured trade finance, commodities financing, documentary instruments, and forfaiting and syndications; and wealth management products and services comprise global portfolio management, investment advice, foreign exchange advice, fiduciary deposits and cash management, lombard loans, inheritance planning, financial consulting, and safe custody of securities. Its treasury products and services consist of currency options; dual currency deposits; money market transactions; bond trading and bond futures; interest rate swaps; forward rate agreements; interest rate futures; total return swaps; fiduciary deposits; advisory services on foreign exchange and interest rate management; market information; and daily/weekly market report on international financial markets. The companys banking business provides correspondent banking accounts in major currencies; deposit and escrow accounts; payments and funds transfers; advising, confirmation, negotiation, and discounting of documentary and stand-by letters of credit; issuance and/or confirmation of bonds, guarantees, and counter-guarantees; processing of documentary collections; discounting of bank-avalized drafts; secondary market transactions; and custody services. Banque de Commerce et de Placements SA was founded in 1963 and is headquartered in Geneva, Switzerland. Banque de Commerce et de Placements SA is a subsidiary of BORAK SA.