Import Services
- This is a written undertaking given by a bank to a beneficiary (local or foreign) to the effect that the issuing bank will pay the beneficiary a certain amount stipulated in the credit, provided that the beneficiary complies with the terms and conditions of the Documentary Credit.
Trade Facilities
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Export Services
- Foreign / Domestic Bills Purchased / Discounted
- The bank provides financing to a customer whereby the bank purchases or discounts the customer's sight or issuance export or domestic sales documents, on Documentary Credit or Collection basis, with recourse to the customer.
