Banque Algérienne du Commerce Extérieur S.A. (BACE) is incorporated in Switzerland since 1981, as a Swiss Bank with a banking licence from the Swiss Banking Commission. In this capacity it operates under Swiss law and banking regulations.
BACE's principal banking activity is "trade finance" between primarily Western European countries and Algeria. BACE is one of the most important correspondent bank in Europe for the foreign trade of major Algerians banks.
Major European Industrial Multinationals and major International Trading companies accept BACE as a confirming bank for their Algerian letter of credit transactions. We have close business relationships with all important Algerian industrial and service companies, such as SONATRACH, SONELGAZ, SNTF etc. which are large importers of industrial products.
BACE is your gate to Algeria and can open doors for your business with Algeria.
Banque Algérienne du Commerce Extérieur SA BP 3877 Talacker 41 8021 Zurich Switzerland