Banker’s acceptance
Put yourself in a position to pay local or international suppliers who aren’t yet willing to grant you credit.
Some of the benefits
30 to 365 days
Repay the money you’ve been advanced within a month to a year at maturity
Liquidity
Pay for the goods you need now and pay us back when your cash flow allows
Convenience
The approved amount is paid into your account, to pay your suppliers directly
Advantage
Keep on top of supply, and maintain a good business payment record
How it works
- Your business draws a bill
- In guaranteeing your bill, we take on your payment obligation to your supplier, local or international
- Funds are paid into your account for you to then pay your supplier
- You repay us as agreed, within 30 to 365 days
*An amount equal to its face value, less finance charges
What it costs
- The full amount of the bill is payable to us on the agreed maturity date
How to get it
- You need substantial capital and strong profit records for the past three years to apply.
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How it works
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What it costs
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How to get it
- Your business draws a bill
- In guaranteeing your bill, we take on your payment obligation to your supplier, local or international
- Funds are paid into your account for you to then pay your supplier
- You repay us as agreed, within 30 to 365 days
*An amount equal to its face value, less finance charges
- The full amount of the bill is payable to us on the agreed maturity date
- You need substantial capital and strong profit records for the past three years to apply.
We also offer
Bonds and guarantees
Open more doors by reducing your credit and performance risk with the appropriate bond or guarantee from us.
Commercial property insurance
Guard against loss of income with building insurance that’s tailored to your needs as an owner, investor or developer.
Understanding your risk profile
Environmental
Environmental
Risk that mostly refers to the industry in which you plan to set up your business and your customers.
Financial
Financial
Risk that’s determined by the financial state of your business, and the security that you’re able to offer.
Management
Management
Risk that takes into account the skills, commitment and abilities of the owners and management of your business.
What you need to apply
What you need to apply
Knowing up-front the information we need from you will help your application process run as smoothly as possible.
Need help?