The Treasury department issues daily market updates to its corporate, institutional, trade and retail customers to keep abreast of the latest market news and currency trends.
This includes all types of bank guarantees, both local and international. e.g. Bid Bonds/Tender Bonds, Performance Guarantees, Advance Payment Guarantees, Retention Bonds, Customs/Transit Bonds, Payment Guarantees and Immigration Bonds.
We offer financing to our clients who have orders to provide goods or services but are limited by their cashflow.
We discount invoices that have extended maturity dates to enable our clients to ease their cash flow constraints.
We take care of the import and export documentation on behalf of our clients to ensure prompt payment. This method is most suitable where the contractual parties i.e. the buyer and seller trust each other.
We offer Letters of Credit thus undertaking to pay exporters/sellers on behalf of our clients (importers/buyers) provided that the stipulated terms and conditions are complied with.
We provide bridging finance to exporters against an export LC or confirmed order to enable them to meet the initial costs of raw materials, production, transport and logistics.
We accommodate our clients’ post import financial needs by offsetting their import payment obligations that are still due, pending the receipt of proceeds from the sale of the imports.
*Our terms for all the products are very flexible and are at very competitive rates.
Mon-Fri 8am to 4.30pm
Saturdays 8am to 12pm
Closed on Sundays
Closed on Public holidays