Pre-shipment Financing

Pre-shipment finance is short term finance granted to the exporter prior to shipment against the security of an original authenticated irrevocable export letters of credit to be lodged with the Bank.

Features and benefits:

  • benefits of pre-shipment finance

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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