My Business is Exporting

Register for export seminars

Register for export seminars

AIB is hosting breakfast seminars in Cork, Dublin and Galway for both existing exporters and businesses planning to export.

Find out more and register

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Export Finance Champions

We want to support Irish companies on the road to export success.

Our national network of 85 Export Finance Champions is available to provide you with information and support along the way as well as access to product specialists in Customer Treasury Services, Trade Finance and Invoice Finance.

DHL Express

Expand into new markets with DHL Express

If you are considering exporting to new markets, check out DHL Express' exclusive 50% discount offer for AIB Business Customers.

To find out more about DHL Express offer, call
01 870 15 90  or visit www.dhl.ie/aib 

AIB Customer Treasury Services can help you with all our foregin excahnges questions

Financing your export strategy

A healthy cash flow is important for any business, and ensuring your business has the right type of funding to support this cash flow is critical to the success of your export strategy. Our €200m SME Export Finance Fund provides exporting businesses with a range of finance options, depending on how much you need, what you need the funds for, and your business repayment capacity. These include working capital (such as an overdraft or Invoice Finance) and bank finance.  We can support your business expansion plans with medium or longer term loans and leasing facilities.

Identify the risks of exporting with AIB Trade Finance services

Managing currency risk

To win an export contract, your business may need to transact in a currency other than euro. This can expose you to exchange rate risk, whereby adverse currency movements may reduce or eliminate the margin your business earns on the underlying transaction. Talk to AIB Customer Treasury Services about the practical steps you can take to minimise this risk.

Solve your cashflow needs with our Export Finance

Making sure you get paid securely

We have a range of solutions to help your business get paid securely in a way that suits you. With a documentary collection, you can use us as your collecting bank. Your shipping documents are held by us and are released to the buyer only on agreed terms, i.e. against payment or against acceptance of a bill of exchange. Alternatively, you can insist on a letter of credit if you would prefer security of payment prior to goods being shipped.

AIB offer your business various payment options to meet your needs

Making and receiving international payments efficiently

Our foreign currency accounts make it much easier to make and receive payments in foreign currencies.

You can make international payments and collections efficiently via our online business banking platforms.

Exporting, by its very nature, involves travelling abroad. You can save time and money on buying foreign currencies by availing of one of our credit cards, which are ideal for business use throughout the world.

Make and receive foreign currency payments with a Currency Current Account

Helping you win business in foreign markets

When bidding for new clients and contracts overseas, you may need to provide bank guarantees or bonds. For example a tender guarantee can be used to accompany your tender, or a performance guarantee can provide assurance of performance if you win the contract.

Talk to us about what products are available to support your bid for a contract.

Ensure your staff is covered with our Business Travel Insurance

Supporting your export business

We have developed an Export Plan Template that can help you set out your export strategy.  Don't forget there is a wide range of support available from government agencies and representative groups. Check out our export useful links for more details. 

Please note that the provision of this product or service does not require licensing authorization or registration with the Central bank of Ireland and as a result it is not covered by the Central Bank’s requirements designed to protect consumers or by a statutory compensation scheme.

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    Grants

    You can access business advice and grant aid for export activities including market research and internationalisation supports from Enterprise Ireland.

    Local Enterprise Offices  - fostering early stage businesses employing less than 10 people in local and regional areas.

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    Third party investors – Seed Capital

    Seed Capital is when a third party investor exchanges funds for a percentage ownership of your business. We have committed €75 million in seed funding for early stage businesses through

    (1) the AIB Seed Capital Fund and

    (2) the AIB Start Up Accelerator Fund.

    Both funds are set up with the support of Enterprise Ireland and managed independently of the bank and Enterprise Ireland by a team of professional fund managers.

    More information about seed capital funds operating in Ireland is available from the Irish Venture Capital Association.

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    Business Angels

    Business angels are private investors who invest smaller amounts of finance in early stage companies. In Ireland, there is a national Business Angel Partnership network to bring together the private equity activities of Enterprise Ireland, InterTrade Ireland and the Irish Business and Innovation Centres by matching private investors with pre-screened investment opportunities in start-up, early stage and developing businesses. More information on business angels is available from The Halo Business Angel Partnership.

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    Tax Relief Incentive Schemes

    Currently there are two tax relief incentive schemes:

    (1) the Seed Capital Scheme and

    (2) the Business Expansion Scheme

    The Seed Capital Scheme provides for a refund of tax already paid by an individual, when that individual sets up and takes employment in a new qualifying business. The Business Expansion Scheme provides tax relief for investment in certain corporate trades.

    For more information check Revenue.

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    Microfinance Ireland

    Microfinance Ireland has been funded by the Irish Government to provide loans to newly established and growing micro-enterprises across all industry sectors that do not meet the conventional risk criteria applied by banks. In the first instance, you should approach your bank for credit. In the event that credit is declined, you are eligible to apply to Microfinance Ireland for a loan.

    Microfinance Ireland works in partnership with the Local Enterprise Offices who can assist with training and guidance in preparing your business plan. They will also conduct an initial evaluation of the quality of your business proposal for a loan application.

    Established in 2012, Microfinance Ireland is now open for business and accepting qualifying applications. The company offers loans to viable businesses that have been declined for credit by a bank and are seeking up to €25,000.

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    Crowdfunding

    Crowdfunding (also known as crowd financing, equity crowdfunding or crowd-sourced fundraising) is the collective effort of individuals who network and pool their money, to support efforts initiated by other businesses.

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Some of the links above bring you to external websites. Your use of the external website is subject to the terms of the site.

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    Export Useful Links

    Organisation

    Description

    Website

    AIB Corporate Banking FDI

    A dedicated unit within AIB Corporate Banking Ireland solely focused on Foreign Direct Investment in Ireland

    www.aibcorporate-fdi.com

    AIB Economic Research Unit

    Financial research in forex and fixed income markets, and research on Irish and international economies.

    www.aibeconomicresearch.com

    AIB Exporting

    Your first point of reference to find out more about our export products and services.

    www.aib.ie/exporting

    AIB FX Centre

    Updates on market movements, general economic analysis and Treasury product information.

    www.fxcentre.com

    AIB Merchant Services For businesses using ecommerce as an export channel, AIB Merchant Services can enable the acceptance of card payments online and over the phone, with dynamic currency conversion and multicurrency processing www.aibms.com/export

    AIB Seed Capital Fund

    Investigate potential seed capital funding for your business.

    www.aibseedcapitalfund.ie

    AIB Trade Finance

    Product information and solutions to assist you in identifying and managing risks associated with International trade.

    www.aibtradefinance.com

    Bord Bia

    Connector between Irish Food and Drink and possible customers throughout the world.

    www.bordbia.ie

    Business Access to State Information and Services Information on support packages available to Irish businesses is available from the Government's website - Business Access to State Information and Services www.basis.ie

    British Irish Chamber of Commerce

    Represents both sides of the Irish sea that are focused on Ireland’s economic development.

    www.britishirishchamber.com

    Chambers Ireland

    A business organisation - a chamber consists of local business representatives who join together to promote the economic and social development of their community.

    www.chambers.ie

    Department of Jobs, Enterprise and Innovation

    For information on government agencies and employment law.

    www.djei.ie

    www.enterprise.gov.ie

     

    Department of Finance

    SME  online search tool for over 80 Government  supports.

     

    www.localenterprise.ie/smeonlinetool/businessdetails.aspx

    DHL Express

    As an AIB Business customer, if you open a new DHL Express account, DHL Express will give you at least 50% off their standard tariff for international shipping for 12 months. DHL Express Terms and conditions apply.

     

    http://shipping.dhl.ie/AIB

     

    DHL

    Global market leader in the international express business and specialise in the door-to-door delivery of documents and parcels to over 220 countries and territories worldwide. 

    http://www.dhl.ie/en.html

    Enterprise Europe Network

    Provides links to overseas connections for businesses to be able to operate trans-nationally.

     www.een-ireland.ie/eei

     

    Enterprise Ireland

    Government organisation responsible for the development and growth of Irish enterprises in world markets.

    Advice, guidance and support for new, first time Irish exporters and early exporters looking to Export.

    www.enterprise-ireland.com

    European Commission

    Represent the general interest of the EU and operate as the main force in implementing EU laws and policies as well as pushing forward new legislation.

    Access to European Small Business Portal - Portal is used to put together all EU advice and issues for SME’s.

    http://ec.europa.eu/index_en.htm

     

    http://ec.europa.eu/small-business/index_en.htm

    Inter Trade Ireland

    Organisation responsible for promoting business growth through cross-border trading for SMEs in both Ireland and Northern Ireland.

    www.intertradeireland.com

     

    Ireland China Business Association

    To build relationships with businesses in Ireland who have commercial interests and/or connections with China.

    www.irelandchina.org

    Ireland India Business Association

    IIBA is a member driven organisation with the main aim to establish a platform between India and Ireland to encourage economic development.  For membership details contact info@iiba.ie.

    www.iiba.ie

    Ireland Russia Business Association

    Non-profit company dedicated to promoting economic and trade links between Ireland and Russia for mutual benefit.

    www.irba.ie

    Irish Business and Employers Confederation (IBEC)

    National voice of businesses and employees and is the umbrella body for Ireland’s leading sector groups and associations.

    www.ibec.ie

    Irish Exporters Association

    The Irish Exporters Association (IEA) is the “voice of Export Industry” in Ireland, the “connecting force for Irish exports” and the “source of practical knowledge.”  The IEA represents the whole spectrum of companies within the export industry including SME’s who are beginning to think about exporting for the first time right through to global multinational companies who are already extensively exporting from Ireland.

    www.irishexporters.ie

    Irish Point of Single Contact 

    Main role is to provide general information on the  procedures required  for Irish/EU Businesses who intend  to operate  in Ireland.

    www.pointofsinglecontact.ie

     

    Local Enterprise Offices

    Operates as “first stop shop” for any person in Ireland looking for information and assistance on starting or growing a business in Ireland.

    www.localenterprise.ie

    National Standards Authority of Ireland SME Portal

    NSAI are dedicated to SME’s and want to show SME’s the benefits of standardisation.

    www.nsai.ie/Small-Business-Portal.aspx

    Office of Government Procurement

    Operates as an office within the Department of Public Expenditure and Reform (DPER).  Main aim is to centralise public sector procurement arrangements for goods and services in Ireland.

     

    www.procurement.ie

    Skillnets

     

     

    Skillnets

    ManagementWorks Programme

    Actively work with businesses in a wide range of industry sectors to address current and future skill needs.  Training is subsidised.

    Management development training combined with mentoring support for SME managers, which aims to assist SMEs to grow in terms of their sales, output and employment.

    www.skillnets.ie

     

     

    www.managementworks.ie

     

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