Invoice Discounting Financing

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

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