Letters of Guarantee
Advising and re-issuance of counter/incoming letters of guarantee - and similar guarantee products - for local beneficiaries
Letters of Guarantee and similar instruments are key for Egyptian corporations that routinely engage with global suppliers and contractors in various industries for projects requiring contractual commitments secured by appropriate guarantee instruments.
Letter of Credit Confirmation
Main features
Confirmation of export letters of credit is an essential service provided to Egyptian exporters to help them expand and diversify their markets. Confirmation is a guarantee of payment for the benefit of the exporter and seller, it eliminates the risk of non-payment of the underlying trade transaction. CIB offers its confirmation of letters of credit services capitalizing on our diverse global correspondent banking network. CIB strives to maintain its service excellence through reduced turn around time and competitive pricing.Trade loans
We provide financial institutions with a short-term liquidity management solution by refinancing your trade obligations.
Main features
Trade loans provide fast, flexible and simple financing mechanisms to suit all businesses
Funded Participations Under MRPA
Main features
This allows financial institutions to share their risk on a funded basis. This product also allows banks to diversify and manage their limits.
International Payments
Main features
FI cash products and services tailored to meet banks and clients’ unique needs, including:
- Cross border payments - Nostro and vostro cash relation
- MVTS and related payment network, portal relations, and commercial and interbank cash payments
- Cross-border cash payments
- Cash letters, outside collection and final payment guarantees
- Digital solutions with correspondent banking network