Loans Against Trust Receipts
A loan against trust receipts enables our corporate customers to retain control of imported goods whilst undertaking to pay the sales proceeds to the Bank.
How does it work?
On receipt of shipping documents, major importers can request our Bank to store goods in a nominated warehouse under our own name, until they require releasing them against final payments.
Prospective Customers
Major importers, who order goods in bulk and have well-established reputation, but have a seasonal cash flow problem.
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