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+(252) 611 38 2020
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info@bbbank.so
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Thurs 8:00 AM - 4:00 PM
Trade Finance
Trade finance (or import/ export finance) is essentially a loan, where the goods exported are the main form of security/ collateral.
- Under Trade Finance BB Bank offers:
- Letter of credit and advance payment guarantee
- Bank Guarantee and Bank Comfort letter
- Bid bond and performance bond
- Pre-shipment and post-shipment Finance
- Sharia Contract: Musharaka / Murabaha or Wakala/ Agency
contract
- Completed letter of credit application form
- Signed Copy of Proforma Invoice or Sales and Purchase
Contract of your trade Deal - Flexible security i.e., logbook or title deed.
- Tender reference number for bid bonds and guarantees.