Letter of Credit (LC)

Trade Finance

Bank Guarantee (BG) or Standby Letter of Credit (SBLC)

Bank Guarantee or Standby Letter of Credit is an irrevocable undertaking of the bank to provide for payment on presentation of a complying demand. Our guarantees have been well accepted locally and internationally by both private and government.
Trade Finance

Bill Receivable Discounting (BRD)

Bill Receivable Discounting (BRD) is designed to finance customer bill receivables in exchange for the amount less than its face value; upon maturity, the customer pays full amount of the invoice.
Trade Finance

Bill Receivable Purchased (BRP)

Bill Receivable Purchased (BRP) is designed to provide with more options for trade financing facility regardless of LC agreement or payable invoices. Disbursement can be made with any purchasing invoice acceptance including trust receipt to both new and existing customers.
Trade Finance

Letter of Credit (LC)

Letter of Credit is a written undertaking by the issuing bank given to the seller (exporter) at the request of the buyer (importer) to pay at sight or at a determinable future date up to a stated sum of money within a prescribed time limit and against complying stipulated documents.
Trade Finance

Documentary Collection

where the bank acting as an intermediaries to receive the commercial and/ or shipment documents at the request of the exporter’s bank and their instruction, and collect payment from the importer in exchange for documents for remitting to the exporter’s bank.
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Business Banking

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