Trade Financing


Our trade finance facilities include Letters of Credit, Import Loans and Bank Guarantees, designed to cater for your different needs

Import Financing:

Whenever importers are in short of funds to pay for their import bills either under letter of credit collection or open account basis they usually approach the Bank for an import loan to pay their suppliers. Such a loan is usually granted for a short period and is given on a bill-by-bill basis

Export Financing:

After manufacturers export their goods and pending receipt of their export proceeds they may approach the Bank for financing to continue with their production activities.
In such a situation the bank discounts the exports bills presented and advances funds to the exporter. Upon receipt of the export proceeds the discounting is repaid.

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Trade Financing