Bill Avalisation is the bank's undertaking on behalf of the importer, to honour, payments of Bills of Exchange from the supplier for both domestic and international trade. The facility is normally used where the seller’s only concern is the buyer’s payment risk.
Through our documentary collections service, Stanbic Bank handles the documentary management process on behalf of both importers and exporters, acting as an agent for the collection and remittance of payments. Documents are submitted directly to the bank on the instruction of the exporter. The bank accepts no risk of non-payment by the importer.
Invoice discounting gives immediate value to customers invoices before maturity. The facility is available to clients who trade in credit terms. Invoices to be discounted must be from reputable organisations and selected government entities
LPO/ Contract financing enables to meet supply orders of goods that they have from a known buyer
Connect to a world of suppliers and buyers
Introducing the largest online trade platform Trust in your suppliers and buyers is critical in trading, which is why it’s important to us to give you access to pre-vetted, reputable, reliable and trusted sellers and buyers, both locally and internationally.
A quick business loan to support the growth of small and medium businesses
We understand that protecting your business from unforeseen risks is the foundation of success. As a business owner, insurance is essential to help you and your business to deliver when it matters most.