Export Finance

Under the export finance facility, the Bank will extend murabaha finance facility to the customer to purchase goods/raw materials against receive of inward letter of credit from the importer.

Features

  • The exporter has a bank commitment to pay against compliant documents, instead of running the importer’s commercial risk
  • The selling price is fixed and agreed by both parties; i.e. Customer and the Bank will remain unchanged until the end of the payment period;

Benefits

  • This product perfectly suits those exporters who need to manage their commercial and cross-border risks
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