Barclays Business Abroad
Business banking abroad
To best support our business customers trading internationally, we created Barclays Business Abroad – a free resource of expert support and advice, as well as valuable discounts on trade products and services.
Developed in partnership with UK Trade & Investment (UKTI) and drawing on our experience in international business banking, our aim was to provide customers with a valuable package of benefits that would truly support their international trade on a practical, everyday level.
Barclays Business Abroad benefits
Guidance on navigating international trade
International trade guides
We’ve written a series of international trade guides to provide customers with more in-depth guidance on conducting business overseas. Topics covered include the benefits of importing or exporting, how to handle common importing/exporting issues, finding overseas customers and more.
Ensure a seamless delivery through an export document service – 25% discount *
Export documents are vital to the international trade process, as they pass on necessary information to the relevant parties before, during and after shipment. Depending on where you’re exporting your products to, there are a number of documents you’ll need to ensure a seamless, successful delivery.
Acorn Interactive can undertake this for you through their export document preparation service, which creates all the export documents you need on your behalf. And as a Barclays Business Abroad customer, you’ll benefit from a 25% discount on every shipment.
Alternatively, you can manage the export documentation yourself through Acorn Interactive’s online self-service system.
Local international clinics, run with UKTI
Together with the UKTI, we offer local international clinics across the country to help equip businesses with the knowledge and capabilities they need to meet the challenges of overseas trade. Whether you’re new to international trade or looking to expand into new territories, these 2-hour clinics are a valuable opportunity to gain expert insight from your local UKTI representative.
International payments made easy
Reduce the cost of international payment fees – 25% discount *
Depending on where your international payments are going, and whether you’re making or receiving them, the costs can quickly add up. That’s why we provide a 25% discount on all international payment fees from your sterling or currency accounts as part of our Barclays Business Abroad service.
Simplify international payments through free currency accounts*
If you plan on dealing with more than one currency, your business may benefit from currency account as a way to limit exposure to exchange rate fluctuations and simplify international payments. There’s no minimum balance required to open an account, and we’ll waive the £7.50 quarterly fee for any currency accounts you have.
Keeping a close eye on exchange-rate risk
Free alert service
Keeping informed of exchange rate changes is vital to both importing and exporting. To help you do this, we’ll register you for our free iAlert service. All you have to do is choose the currencies you want to watch, set a lower and/or upper limit and we’ll email you when they reach it, so you can transfer money when the markets are in your favour. And as our iAlert service is optimised for mobiles and tablets, it’s easier than ever to keep up to date with exchange rates.
Guarding against credit risk
Reduce your risk through international business reports
Experian provides up-to-date international credit reports on millions of businesses worldwide. These can provide you with accurate information on potential business partners, suppliers or customers to help reduce your risk exposure.
Depending on where the international business is located and how quickly you want the information, through Barclays Business Abroad you can benefit from a 40% discount on every report you require.
* Terms and conditions apply.
Ready to register?
If you already have a Barclays Business account, just contact us on 0345 605 2345 1 to register for Barclays Business Abroad.
If you don’t, please book an appointment with your regional Barclays International Trade Business Managers on 0800 515 462 2