• Our Trade Facilities include:
  

• Letters Of Credit
• Export Finance
• Bills For Collection
• Bonds
  
• Guarantees
• Sole proprietor-ship Current Account

1. Letters Of Credit

Product Features:
	Guarantees payment to a beneficiary when documents have been submitted
	Terns & Conditions of L/C should be complied with Subject to UCP500
	Facilitates imports and exports
Benefits:
	Corporate bodies
	Public Sector
	SMEs
	Importers
	Exporters
Mode Of Operation
	Application form is completed
	Customer's current or Forex account is debited to establish the L/C via SWIFT
	Corresponding bank facilitates payments

Back to top

• 2. Export Finance

• Product Features:
  	Pre-Shipment
  	Post-Shipment
  	Import Duty Payment Line
  Benefits:
  	Access to funding for working capital and other capital expenditure needs
  Mode Of Operation
  	Formal request, credit processing, approval by credit committee, advise the customer.

• Back to top

• 
  

3. Bills For Collection

Product Features:
	Bank collects payment and delivers to the buyer
	Bank intermediates between buyer and seller
	Bills for Collection method is used to secure payments for import/export of customers
Benefits:
	Faster, secure and flexible
	Inexpensive
	Reduces risk for the seller
	Rapid trouble-free settlement
Mode Of Operation
	Customer's current account
	Advice sent via SWIFT, fax, etc.

Back to top

4. Bonds

Product Features:
	Secures contract of sale and work
	Bid Bond
	Performance Bond
	Customs Bond
Benefits:
	Enables customer to carry out contracts
Mode Of Operation
	Checking account after full documentary and KYC requirements

Back to top

5. Guarantees

Product Features:
	Payment in the event of non-performance of a contract by a third party.
	Subject to the laws of the country of the issuing bank.
	Bank pays on first demand provided conditions are fulfilled.
Benefits:
	Enables customer to carry out contracts
Mode Of Operation
	Customers fill relevant form and meet conditions after which guarantees are issued.

Back to top

6. Structured Short Term Loans

Product Features:
	An overdrawn account
	Usually for a period between 30-90 days
	Structured to meet working capital needs
Benefits:
	Easy, convenient, and fast means of securing extra funds for working capital needs.
	Available upon request.
Mode Of Operation
	Customers must have a current account.
	Customer fills an application form.
	Subject to conditions of credit policy of bank disbursement is made.