Common Items
Required documents:
- A recent commercial register (not exceeding 3 months)
- Last year's financial statement (if available)
- National IDs from every authorized signatories and partners / shareholders above 10%
If securing an LG against a cash cover:Ensure that the account has enough balance to cover the LG
If securing an LG against a TD or CD:The TD or CD might be assigned from a personal account or the company's account based on customer preference. (Personal account holder should sign the assignment request). The TD or CD should not be assigned to another product.
In case of an unsecured LG:Customers should have approved credit facility from the Bank first to apply for unsecured facilities.Please refer to Credit Facilities section here.
In case of advanced payment, these are the required documents:
- The invoice
- Transfer request should be executed
If the documents are received by the customer, they should be submitted with the IDC request. If not, the bank will contact the customer when the documents are received. (Bank details should be obtained and shared with customer's supplier to be able to send the documents to the Bank).
In case of sight/time IDC:
- Proforma invoice
- Shipment policy
- Form 4 request
Trade finance results
In case of advanced payment, these are the required documents:
- The invoice
- Transfer request should be executed
If the documents are received by the customer, they should be submitted with the IDC request. If not, the bank will contact the customer when the documents are received. (Bank details should be obtained and shared with customer's supplier to be able to send the documents to the Bank).
In case of sight/time IDC:
- Proforma invoice
- Shipment policy
- Form 4 request
Required documents:
- A recent commercial register (not exceeding 3 months)
- Last year's financial statement (if available)
- National IDs from every authorized signatories and partners / shareholders above 10%
If securing an LG against a cash cover:Ensure that the account has enough balance to cover the LG
If securing an LG against a TD or CD:The TD or CD might be assigned from a personal account or the company's account based on customer preference. (Personal account holder should sign the assignment request). The TD or CD should not be assigned to another product.
In case of an unsecured LG:Customers should have approved credit facility from the Bank first to apply for unsecured facilities.Please refer to Credit Facilities section here.