Import & Export Finance

Seamless Funding Solutions for Global Trade

Import & Export Finance

Commercial Trust Bank provides dedicated support for customers involved in international trade. Our team reviews the terms and conditions of your export or import agreements to determine their viability and assess potential risks. When a transaction meets our safety and compliance standards, we work with you to ensure smooth and secure trade financing.

Letters of Credit (L/Cs)

What Are Letters of Credit Used For?
A Letter of Credit is a formal assurance issued by one bank to another — locally or internationally — guaranteeing that payment will be made to a designated seller once the agreed conditions of a transaction are met. It gives both buyers and suppliers confidence that the trade will be completed securely.

To apply for a Letter of Credit, you will need:

  • A formal request or application letter
  • A signed agreement or contract with your supplier
  • A well-maintained current account with at least 6 months of activity
  • Details of the goods or products being financed
  • Information on warehousing arrangements
  • Acceptable security or collateral
  • The required minimum contribution of 30%
  • Type of Letter of Credit requested (Confirmed / Unconfirmed)
  • Beneficiary bank details
LC Commercial Trust Bank
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Bill Collections

What Are Bill Collections Used For?
Bill Collection refers to the process of recovering payments owed by individuals or businesses. In specific cases, the bank can handle this process on behalf of our clients, ensuring payments are followed up professionally and efficiently.

To request a Bill Collection service, you will need:

  • A formal request letter
  • A current account in good standing, maintained for at least 6 months

Currency Shipments

What Are Currency Shipments Used For?
Currency Shipments involve safely transporting substantial amounts of foreign banknotes. The bank provides this service in major global currencies — including USD, GBP, and EUR — offering our customers secure handling and highly competitive rates.

To request a Currency Shipment, you will need:

  • An active current account
  • Foreign currency account(s)
  • Invoices for all incoming funds
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