INVOICE DISCOUNTING FINANCING

A short term Trade Finance to enable you the importer or exporter trading on an open account basis to raise pre or post shipment finance using a commercial invoice.

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Features

Enjoy this is a short-term financing option that helps to improve your cash flow position as we discount your confirmed invoices or certificates for jobs, projects or supplies delivered on local purchase orders from acceptable entities.

Benefits

  • Ability to transact through a third party
  • Unlimited access to the account
  • Access to other bank products and services including loans

Requirements

  • Application form
  • Proof of identification either a driving permit, valid passport or identity card
  • 2 Passport photos
  • Audited accounts
  • Registration certificate, Articles and memorandum of Association, resolution to borrow for companies, partnership deed for partnerships and minutes indicating a decision and authority to borrow for associations
  • You should hold an account with the bank

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