Trade Finance

The bank renders the different banking services that relate to finance of foreign trade through:-

• Issuance of financed and non-financed documentary letters of credit for imports in different forms.
• Receiving and advising the different forms of documentary credits for export.
• Issuance of letters of guarantee in foreign and local currency and shipping guarantees.
• Receipt of inward letters of guarantee from overseas and advising them to beneficiaries.
• Rendering documentary collections services.
• Collection of cheuges in foreign currency drawn on banks overseas.
• Issuance and receipt of remittances in foreign currency.