{"id":45,"date":"2023-03-16T08:35:48","date_gmt":"2023-03-16T08:35:48","guid":{"rendered":"http:\/\/www.iibanks.com\/eastafrica\/?page_id=45"},"modified":"2024-12-23T07:24:45","modified_gmt":"2024-12-23T07:24:45","slug":"trade-finance","status":"publish","type":"page","link":"https:\/\/www.iibanks.com\/eastafrica\/corporate\/trade-finance\/","title":{"rendered":"Trade Finance"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><p>[vc_section full_width=&#8221;stretch_row_content&#8221; el_class=&#8221;image-banner-with-text bottom-203-banner-text&#8221; css=&#8221;.vc_custom_1665060976256{padding-top: 0px !important;padding-bottom: 0px !important;}&#8221;][vc_row tm_bgimagefixed=&#8221;&#8221; full_width=&#8221;stretch_row_content_no_spaces&#8221;][vc_column][vc_row_inner][vc_column_inner css=&#8221;.vc_custom_1659424244579{padding-left: 0px !important;}&#8221;][vc_single_image image=&#8221;190&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; css=&#8221;.vc_custom_1678963967097{margin-bottom: 0px !important;}&#8221;][vc_column_text el_class=&#8221;white-text banner-heading banner-text-box banner-caption-btn-130px&#8221; css=&#8221;.vc_custom_1667549920030{margin-bottom: 0px !important;padding-top: 15px !important;padding-bottom: 15px !important;background-color: rgba(10,10,10,0.35) !important;*background-color: rgb(10,10,10) !important;}&#8221;]<\/p>\n<p style=\"text-align: right;\">Trade Finance<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][\/vc_section][vc_section css=&#8221;.vc_custom_1734938659539{padding-top: 65px !important;padding-bottom: 0px !important;}&#8221; el_class=&#8221;our-purpose-text-box trade-finance_roW1&#8243;][vc_row tm_bgimagefixed=&#8221;&#8221; css=&#8221;.vc_custom_1667365774121{margin-bottom: 0px !important;}&#8221;][vc_column css=&#8221;.vc_custom_1667365779824{margin-bottom: 0px !important;}&#8221;][vc_column_text el_class=&#8221;font-34px special-spacing&#8221; css=&#8221;.vc_custom_1667550075994{margin-bottom: 0px !important;}&#8221;]iib provides a range of trade finance solutions to support importers and exporters operating in Djibouti.[\/vc_column_text][\/vc_column][\/vc_row][\/vc_section][vc_section css=&#8221;.vc_custom_1734938673153{margin-top: 65px !important;margin-bottom: 65px !important;padding-top: 0px !important;padding-bottom: 0px !important;}&#8221; el_class=&#8221;our-purpose-text-box trade-finance_roW2&#8243;][vc_row tm_bgimagefixed=&#8221;&#8221; equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1667549168914{margin-bottom: 65px !important;}&#8221;][vc_column tm_zindex=&#8221;&#8221; css=&#8221;.vc_custom_1684317760022{margin-bottom: 0px !important;}&#8221;][vc_custom_heading text=&#8221;Letters of Credit (LCs)&#8221; font_container=&#8221;tag:h2|font_size:36px|text_align:center|color:%23ffffff|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; css=&#8221;.vc_custom_1667550085535{margin-bottom: 0px !important;padding-top: 30px !important;padding-bottom: 30px !important;background-color: #1a2159 !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1667555210425{margin-bottom: 0px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;background-color: #eeeeee !important;}&#8221; el_class=&#8221;Font-24&#8243;]LCs provide a financial solution to facilitate and secure the trade cycle through iib\u2019s trade finance services. We offer various LCs including Irrevocable LC, Stand-by LC and Unconfirmed or Confirmed LC.<\/p>\n<p>Features:<\/p>\n<ul>\n<li style=\"margin-bottom: 0;\">Type: Import finance used as an LC limit with short term facility accommodation.<\/li>\n<li style=\"margin-bottom: 0;\">Amount: \u00a0Dependent on the invoice presented<\/li>\n<li style=\"margin-bottom: 0;\">Purpose: as per your business line<\/li>\n<li style=\"margin-bottom: 0;\">Tenor: Maximum 12 months<\/li>\n<li style=\"margin-bottom: 0;\">Repayment terms: Number of days sight or Number of days BL\/ AWB date<\/li>\n<li style=\"margin-bottom: 0;\">Pricing: Please contact your Relationship Manager<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row tm_bgimagefixed=&#8221;&#8221; equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1667550311503{margin-bottom: 65px !important;}&#8221;][vc_column tm_zindex=&#8221;&#8221; css=&#8221;.vc_custom_1684317774077{margin-bottom: 0px !important;}&#8221;][vc_custom_heading text=&#8221;Bill Collection&#8221; font_container=&#8221;tag:h2|font_size:36px|text_align:center|color:%23ffffff|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; css=&#8221;.vc_custom_1667550172319{margin-bottom: 0px !important;padding-top: 30px !important;padding-bottom: 30px !important;background-color: #1a2159 !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1689841430621{margin-bottom: 0px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;background-color: #eeeeee !important;}&#8221; el_class=&#8221;Font-24&#8243;]We act as your agents for collection of all your trade transactions including imports and exports, either on documents against payment (D\/P) or documents against acceptance (D\/A).<\/p>\n<ul>\n<li>Inward Collection for imports (documents against payment D\/P or Documents against acceptance D\/A)<\/li>\n<li>Outward Collection for exports (documents against payment D\/P or Documents against acceptance D\/A)<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row tm_bgimagefixed=&#8221;&#8221; equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1667550317718{margin-bottom: 65px !important;}&#8221;][vc_column tm_zindex=&#8221;&#8221; css=&#8221;.vc_custom_1684317790743{margin-bottom: 0px !important;}&#8221;][vc_custom_heading text=&#8221;Shipping Guarantee&#8221; font_container=&#8221;tag:h2|font_size:36px|text_align:center|color:%23ffffff|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; css=&#8221;.vc_custom_1667550208231{margin-bottom: 0px !important;padding-top: 30px !important;padding-bottom: 30px !important;background-color: #1a2159 !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1667550214296{margin-bottom: 0px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;background-color: #eeeeee !important;}&#8221; el_class=&#8221;Font-24&#8243;]If you require to clear\u00a0goods urgently and you have not have received the Bill of Lading or Airway\u00a0 Bill or other transport documents needed to clear the goods, iib can provide a Shipping Guarantee to facilitate your clearing.[\/vc_column_text][\/vc_column][\/vc_row][vc_row tm_bgimagefixed=&#8221;&#8221; equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1667548453316{margin-bottom: 0px !important;}&#8221;][vc_column tm_zindex=&#8221;&#8221; css=&#8221;.vc_custom_1684317796541{margin-bottom: 0px !important;}&#8221;][vc_custom_heading text=&#8221;Bank Guarantee&#8221; font_container=&#8221;tag:h2|font_size:36px|text_align:center|color:%23ffffff|line_height:25px&#8221; use_theme_fonts=&#8221;yes&#8221; css=&#8221;.vc_custom_1667550222630{margin-bottom: 0px !important;padding-top: 30px !important;padding-bottom: 30px !important;background-color: #1a2159 !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1689841562806{margin-bottom: 0px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 0px !important;padding-left: 30px !important;background-color: #eeeeee !important;}&#8221; el_class=&#8221;Font-24&#8243;]As an instrument issued by iib, we undertake to pay, on behalf of the customer, a pre-determined amount to the beneficiary amount. We offer various types of guarantees including:[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1667550239967{margin-bottom: 0px !important;padding-top: 40px !important;padding-right: 30px !important;padding-bottom: 40px !important;padding-left: 30px !important;background-color: #eeeeee !important;}&#8221; el_class=&#8221;Font-24&#8243;]<\/p>\n<p style=\"text-align: center;\">Tender | Performance | Advance Payment | Retention Money<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][\/vc_section][vc_section el_class=&#8221;plscntcT&#8221;][vc_row tm_bgimagefixed=&#8221;&#8221; el_id=&#8221;pic-with-text-box-right&#8221;][vc_column css=&#8221;.vc_custom_1667376019123{padding-right: 0px !important;padding-left: 0px !important;}&#8221;][vc_row_inner equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221; css=&#8221;.vc_custom_1667376896118{margin-bottom: 0px !important;padding-right: 0px !important;padding-left: 0px !important;background-color: #e6e6e6 !important;}&#8221;][vc_column_inner width=&#8221;2\/3&#8243; css=&#8221;.vc_custom_1667375984481{margin-bottom: 0px !important;padding-right: 0px !important;padding-left: 0px !important;}&#8221;][vc_single_image image=&#8221;179&#8243; img_size=&#8221;full&#8221; css=&#8221;.vc_custom_1678963981808{margin-bottom: 0px !important;}&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1667376869127{padding-left: 20px !important;}&#8221;][vc_custom_heading text=&#8221;For more information, please contact your Relationship Manager.&#8221; font_container=&#8221;tag:h2|font_size:36px|text_align:left|color:%23575757&#8243; use_theme_fonts=&#8221;yes&#8221; css=&#8221;.vc_custom_1667547158537{margin-bottom: 50px !important;padding-top: 80px !important;}&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][\/vc_section]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>[vc_section full_width=&#8221;stretch_row_content&#8221; el_class=&#8221;image-banner-with-text bottom-203-banner-text&#8221; css=&#8221;.vc_custom_1665060976256{padding-top: 0px !important;padding-bottom: 0px !important;}&#8221;][vc_row tm_bgimagefixed=&#8221;&#8221; full_width=&#8221;stretch_row_content_no_spaces&#8221;][vc_column][vc_row_inner][vc_column_inner css=&#8221;.vc_custom_1659424244579{padding-left: 0px !important;}&#8221;][vc_single_image image=&#8221;190&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; css=&#8221;.vc_custom_1678963967097{margin-bottom: 0px !important;}&#8221;][vc_column_text el_class=&#8221;white-text banner-heading banner-text-box banner-caption-btn-130px&#8221; css=&#8221;.vc_custom_1667549920030{margin-bottom: 0px !important;padding-top: 15px !important;padding-bottom: 15px !important;background-color: rgba(10,10,10,0.35) !important;*background-color: rgb(10,10,10) !important;}&#8221;] Trade Finance [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][\/vc_section][vc_section css=&#8221;.vc_custom_1734938659539{padding-top: 65px !important;padding-bottom: 0px !important;}&#8221; el_class=&#8221;our-purpose-text-box trade-finance_roW1&#8243;][vc_row tm_bgimagefixed=&#8221;&#8221; css=&#8221;.vc_custom_1667365774121{margin-bottom: 0px !important;}&#8221;][vc_column css=&#8221;.vc_custom_1667365779824{margin-bottom: 0px !important;}&#8221;][vc_column_text el_class=&#8221;font-34px special-spacing&#8221; css=&#8221;.vc_custom_1667550075994{margin-bottom: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":35,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iibanks.com\/eastafrica\/wp-json\/wp\/v2\/pages\/45"}],"collection":[{"href":"https:\/\/www.iibanks.com\/eastafrica\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.iibanks.com\/eastafrica\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.iibanks.com\/eastafrica\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iibanks.com\/eastafrica\/wp-json\/wp\/v2\/comments?post=45"}],"version-history":[{"count":6,"href":"https:\/\/www.iibanks.com\/eastafrica\/wp-json\/wp\/v2\/pages\/45\/revisions"}],"predecessor-version":[{"id":10447,"href":"https:\/\/www.iibanks.com\/eastafrica\/wp-json\/wp\/v2\/pages\/45\/revisions\/10447"}],"up":[{"embeddable":true,"href":"https:\/\/www.iibanks.com\/eastafrica\/wp-json\/wp\/v2\/pages\/35"}],"wp:attachment":[{"href":"https:\/\/www.iibanks.com\/eastafrica\/wp-json\/wp\/v2\/media?parent=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}