SME Documentary Credit
Guaranteeing your global business.
Features of The SME Documentary Credit Account
⭐ 100% cash cover
⭐ Mix of 30% cash cover and 70% immovable property
⭐ Mix of 30% cash cover and 70% immovable property
⭐ Dedicated trade finance relationship team to guide the client
Requirements
⭐ Certificate of incorporation
⭐ Memorandum and articles of association
⭐ Pin certificate of the company
⭐ Copies of directors ID/PP and PIN
⭐ Board Resolution for the request
⭐ 3 years audited accounts & current management accounts
⭐ 12 month certified bank statements
⭐ Duly filled and signed LC application form
⭐ Copy of proforma invoice
⭐ Import declaration Form (IDF)
⭐ Marine insurance cover with interest of GIB noted (where applicable)
⭐ Directors joint and several guarantees
⭐ Board resolution
⭐ Letter of set-off
⭐ Cash margin mandate (where applicable)
