Trading internationally can involve importing, exporting, or both.
If you're an importer, you'll be sourcing supplies or finished goods from abroad. The benefits can include lower prices, higher-quality products or products that are unique and from an original source. The other side of the coin - exporting your own products - can be a way of expanding your business into new markets that offer growth opportunities.
Before deciding to trade internationally, you need to do your homework. There will be additional factors to consider - as varied as different languages and laws, transportation and time zones, foreign currency accounts and international money transfers. As with any major business decision, research and a well-developed strategy are key.
Back to top
Lloyds TSB Bank plc and Lloyds TSB Scotland plc are authorised and regulated by the Financial Services Authority under numbers 119278 and 191240 respectively.
Licensed under the Consumer Credit Act 1974 under registration numbers 0004685 and 0198797 respectively. We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk
Both companies are covered by the Financial Services Compensation Scheme and the Financial Ombudsman Service. (Please note that due to the schemes' eligibility criteria not all Lloyds TSB Commercial Banking customers will be covered by these schemes.)
Factoring, Invoice Discounting, Hire Purchase and Leasing facilities are provided by Lloyds TSB Commercial Finance. When using these products and services your agreement will be with the Lloyds Banking Group whose terms and conditions will apply. Lloyds TSB Commercial Finance is a trading name of Lloyds TSB Commercial Finance Limited.
The Lloyds Banking Group includes Lloyds TSB Bank plc and a number of other companies using brands including Lloyds TSB, Halifax and Bank of Scotland, and their associated companies.
Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service. We accept calls via Text Relay.
While all reasonable care has been taken to ensure that the information in this website is accurate, no liability is accepted by Lloyds TSB for any loss or damage caused to any person relying on any statement or omission in the content of this website. The content of this website is provided for information only and should not be relied on as offering guidance for any set of circumstances and specific guidance should always be sought in each instance.