Our Range of Trade Finance Products include:
- Import letters of credit
This is a written undertaking by the Bank at the request of its customer, in which the bank is obligated to pay the supplier (beneficiary) up to a stated amount within a prescribed time frame, upon presentation of documents that conform to ALL the terms and conditions requested by the applicant.
- Export Letters of credit
Advising of an LC issued by the importer’s bank in favor of our customer locally at the request of its customer (the buyer) in favor of the seller where the issuing bank undertakes to pay.
- Back to back Letters of credit
- Transferrable Letters of credit
This is a written, irreversible guarantee from us, assuring the beneficiary of payment in the case that our customer doesn’t fulfill their contractual obligation.
- Bid Bonds
- Performance Bonds
- Advance payment guarantees
- Credit guarantees
- Financial guarantees
- Pre-Shipment Financing
- working capital finance prior to shipment or delivery of goods.
- Post Import financing
The bank confirms that the customer will honor a certain future payment by signing on a bill of exchange on behalf of its customer.
Receiving Import & Export documents on behalf of our customers.