Foreign Operations

Dedicated to Italian companies intending to grow on international markets, Foreign Operations is designed for those who are already working with the rest of the world but also for those who wish to start an international trade relationship with foreign counterparties.

Monitoring, discovering, learning, exploring: Foreign Operations is the tool that makes a difference for those who intend to grow their business on international markets.

The dedicated digital area allows you to monitor import and export transactions and view strategic information on foreign countries, products and the main issues governing international trade.

Foreign Operations provides you with:

A single work area where you can find insights and information on international trade
Studies and analyses conducted by renowned providers
Sections with highly specialised content in which it is possible to view existing transactions relating to import and export products, export advances, import financing and proceeds to be allocated
Guided navigation of the commercial offering in the import and export area that allows you to identify the most suitable solution for your business

The Module is divided into 4 sections: Monitoring, Discover Products and Markets, Import and Export Products, Tools.

Monitoring

Summary view of current foreign transactions, access to detail lists and order modules

Discover Markets and Products

To find business opportunities in high-potential countries

Import and Export Products

All products and services dedicated to import and export

Tools

Standards and operating practices governing international trade

Monitoring

The Monitoring section allows to monitor transactions with foreign countries and optimise the financial and credit management of the company’s international relations. This section includes the summary widgets of existing transactions relating to:

International Guarantees issued or received
Import and export Letters of Credit (or Documentary Credits)
Export documentary credits - discountable
Import and export documentary remittances
Domestic guarantees issued
Import financing
Export advances
Bank transfers to be allocated

Each widget also offers a customisable view by currency, maturity, company, and counterparty.

From the summary details of each product, you can also access the detailed lists of the transactions in progress.

The following features are also available on the page:

ability to upload some existing transactions with other banks and view them
display of transactions, if disposed or notified via Inbiz
download of the detail lists in Excel format
set up new transactions via Inbiz for eligible products
customer's opportunity to request to the Bank the discount/advance of export letters of credit

Discover Markets and Products

It enables to view over 180 detailed and constantly updated Country Information Sheets, containing commercial and financial information relating to products in support of international activities in the countries of interest and useful for identifying solutions that are conducive to international transactions.

In addition, in order to identify the countries with the highest potential in which to develop the business, it is possible to:

research the main importing countries of the products and services marketed
find the potential market of a specific product sector and compare it with the global market
discover the main exporting countries of products related to the company production cycle

Import and Export Products

A complete set of information on the nature, characteristics and contractual terms and conditions of Intesa Sanpaolo’s products and services, dedicated to import and export transactions and divided by thematic areas.

Tools

It provides insights, including with the analysis of practical cases, on the main international trade issues such as: terms of return of goods, international payment instruments, international arbitration, sales contract, customs classification, shipping documents and much more.

More specifically, it includes information and insights relating to:

Regulation, which represents the legislation and practice in support of international transactions, such as Incoterms, dispute resolution, customs rules and restrictions on international trade in goods and services, including dual-use goods
International Contracts, illustrating the main contractual clauses applicable to international transactions
Customs Information, which includes the functions dedicated to the search for the goods and services codes used in customs classifications, shipping documents, import and export controls and customs duties
Islamic Finance, by ICC – International Chamber of Commerce Italy, provides an overview of the principles governing Islamic finance transactions

Foreign Operations Activation

it can only be used after signing up for the Inbiz service
it is included within the Inbiz Imprese Evoluto offer and the Inbiz Corporate offer
it is only available to Italian customers operating through Intesa Sanpaolo branches in Italy
activation does not result in additional charges

To learn more about Foreign Operations, reach out to your Intesa Sanpaolo contact person or fill out the “Request Information” form.

Foreign Operations

Trade Services

Foreign Exchange Risk Management

Foreign Loans