
This is 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. Transactions can be domestic or cross border.
Features and benefits:
- benefits of invoice discounting
What you need to get started:
- 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