Imports Products & Features
Avalisation
We avalise your import documentary collection and direct
imports, thereby substituting your risk to NBF. This assures
payment to the exporters at maturity and improves your credibility
amongst all transacting parties.
Shipping Guarantee
If your goods arrive at the port before your documents, NBF
issues shipping guarantees to help clear your goods immediately,
hence saving you from any potential demurrage charges.
Letters of Credit
We open various Letters of Credit such as sight, deferred,
usance, revolving and transferable, which are subject to the
Uniform Customs and Practice (UCP) guidelines issued by the
International Chamber of Commerce. NBF's extensive banking
relationship worldwide ensures that Letters of Credit are advised
to beneficiaries quickly, while providing a commitment of
irrevocable payment - and a peace of mind - to the exporter for his
shipment and service.
Import Collections
Our turnaround time for import documentary collections is short,
thereby helping you clear your goods quickly upon arrival. This
service abides by International Chamber of Commerce's Uniform Rules
for Collections (URC) and is an easier method of payment under
international trade.
Trust Receipt Financing
We provide trust receipt financing against Letters of Credit,
documentary collections, advance payments and direct import
requirements for payment to suppliers. Repayment tenors are
tailored to your working capital requirements and are payable upon
receipt of sale or maturity.