BancoDC
Commodity trade banking · Caribbean hub

The bank that moves with your cargo.

Multi-currency accounts, letters of credit and document-based settlement for physical commodity traders. One platform from contract to payment.

Client login See our services
Settlement currencies
USD · EUR · AWG
Documentary credit rules
UCP 600 · ISBP
Payment rails
SWIFT MT103 / MT700
Indicative prices
Brent 71.42 $/bbl ▲ 0.84%WTI 67.90 $/bbl ▲ 0.61%LME Copper 9,642.00 $/t ▼ 0.37%LME Aluminium 2,488.00 $/t ▲ 0.22%Gold 3,418.50 $/oz ▲ 0.15%CBOT Wheat 548.25 ¢/bu ▼ 1.12%CBOT Soybeans 1,032.50 ¢/bu ▲ 0.48%Arabica 312.40 ¢/lb ▲ 1.90%Sugar #11 17.86 ¢/lb ▼ 0.56%Diesel EN590 688.00 $/t ▲ 0.31%Brent 71.42 $/bbl ▲ 0.84%WTI 67.90 $/bbl ▲ 0.61%LME Copper 9,642.00 $/t ▼ 0.37%LME Aluminium 2,488.00 $/t ▲ 0.22%Gold 3,418.50 $/oz ▲ 0.15%CBOT Wheat 548.25 ¢/bu ▼ 1.12%CBOT Soybeans 1,032.50 ¢/bu ▲ 0.48%Arabica 312.40 ¢/lb ▲ 1.90%Sugar #11 17.86 ¢/lb ▼ 0.56%Diesel EN590 688.00 $/t ▲ 0.31%
What we do

Built around the trade cycle, not the branch counter.

Traders move cargo across time zones and jurisdictions. BancoDC keeps cash, credit and documents in one place, so a shipment never waits on the bank.

Trade accounts

Corporate accounts in USD, EUR and AWG with same-day internal transfers between group entities.

IBAN · SWIFT · sub-accounts per cargo

Letters of credit

Import and export L/Cs, standby letters of credit and bank guarantees, issued and advised digitally.

MT700 · MT760 · UCP 600

Pre-export finance

Working capital secured against offtake contracts and inventory, drawn down per shipment.

Borrowing base · warehouse receipts

Escrow & settlement

Funds released only against compliant documents: bill of lading, inspection and quality certificates.

Cash against documents · DvP

How a shipment settles

From signed contract to paid invoice.

Every step is tracked in the client portal, with documents attached and status visible to buyer and seller.

  1. Contract signed

    Buyer and seller agree price, quantity, Incoterm and payment terms.

  2. L/C issued

    BancoDC issues the credit by MT700 to the seller's advising bank.

  3. Cargo loaded

    The vessel loads and the carrier issues the bill of lading.

  4. Documents checked

    Our trade desk examines documents within five banking days.

  5. Payment settled

    Funds move to the beneficiary and both ledgers update instantly.

Trading desks

Specialists for each commodity class.

Each desk knows its cargo: the contracts, the inspection standards and the ports.

Metals

  • Copper cathodesLME Grade A
  • Aluminium ingotsP1020
  • Zinc, nickelSHG · Class 1

Energy

  • Crude oilBrent · WTI
  • Refined productsEN 590 · Jet A-1
  • LPGPropane / butane

Agri & softs

  • GrainsWheat · corn
  • OilseedsSoybeans
  • SoftsCoffee · sugar · cocoa

Ready to open a trade account?

Onboarding for corporate traders takes about ten business days.

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