Kenya

Bill Avalisation

Bill Avalization

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.

 

 

Some of the benefits

Accessible

Collections are easily available for short and long term transactions

Affordable

Affordable avalization commission

Flexible

Drawer can obtain credit and discount on avalised bills

Guaranteed

Payment is guaranteed by the bank

Accessible

Collections are easily available for short and long term transactions

Affordable

Affordable avalization commission

Flexible

Drawer can obtain credit and discount on avalised bills

Guaranteed

Payment is guaranteed by the bank
What it costs
How to get it

Email   [email protected]   or visit your nearest Stanbic Bank branch for more information on the solution’s requirements

Refer to General Terms and Conditions

  • What it costs
  • How to get it

Email   [email protected]   or visit your nearest Stanbic Bank branch for more information on the solution’s requirements

Refer to General Terms and Conditions