Import Trade

Documentary Credit

It is an irrevocable undertaking issued by us to pay your supplier for purchase of goods or services within a prescribed time limit provided that documents required and terms and conditions have been complied with.

Back to Back Documentary Credit

If you are a middleman or a sales agent, we could help you to issue a Documentary Credit to your supplier for purchase of goods and services based on the master Documentary Credit issued to you by your buyer.

Standby Letter of Credit

Standby Letter of Credit is an irrevocable undertaking issued by us at your instruction and is generally used to guarantee a third-party's credit facility.

Letter of Guarantee

Letter of guarantee is an irrevocable payment undertaking issued by us to cover contractual party’s non-performance or default on an underlying transaction.

Shipping Guarantee

A guarantee countersigned by us and addressed to the Carrier for release of goods without the original transport document.

Trust Receipt Loan

Goods under Documentary Credit or Documentary Collection transactions are released to you against signing trust receipt to us, the goods can be disposed by you immediately but they belong to the Bank until you settle the loan.

Invoice Financing

Invoice Financing is an import loan granted to you up to an agreed percentage of invoice value against supplier's invoice and evidence of shipment for settlement of your purchases on open account basis.