Pre-Shipment Finance
For exporting customers our Bank is able to provide immediate financing to enable such customers to purchase produce locally, and prepare for shipment abroad.
A good track record of export business in tea, tobacco, cotton, sugar, coffee and other export products is a pre-requisite to obtaining pre-shipment finance.
This finance is extended by way of an overdraft or short term loan, and may be extended in local currency (Kwacha) or foreign currency, depending on availability of funds in the market.
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