Get access to a bigger customer market and generate more sales by accepting cards through NBC Point-of-Sale terminals. It’s an easy and more convenient way to make a secured payment.
Our corporate and investment banking benefits
Cash flow
Ensures good cash flow management.
Financing
Affordable financing compared to overdrafts.
Competitive
Increase your bargaining position.
Bargaining
Negotiate better buyer contract terms than your competitors.
Funding
Fund your working capital by receiving funds in advance.
We will help you manage the risk of importing or exporting
With a Letter of Credit, the payment risk is effectively transferred to NBC. You can therefore negotiate better price discounts with your suppliers or request extended credit terms to help improve your own cash flow.
| Import Letter of Credit | Export Letter of Credit |
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This is an irrevocable undertaking, given by NBC as the 'Issuing Bank' at your request an importer to pay your beneficiaries or suppliers against the presentation of the compliant documents.
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In this case, an applicant or buyer (your customer) is issuing a Letter of Credit from his bank to you through NBC (as advising bank) and we will check for its apparent authenticity. If deemed to be authentic, we will notify or advise you as a beneficiary of the necessary actions to be taken. Benefits
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Let us help you keep your company cash flow healthy
With NBC Bonds/Guarantees you are ensured of getting paid even if a seller or buyer fails to meet his contractual obligation. NBC offers several types of irrevocable guarantees that pay a sum of money in the event of non-performance of a contract by a third party.
NBC offers you several kinds of Bonds/Guarantees, including:
- Bid Bond/Guarantees
- Performance Guarantees
- Advance Payment Guarantees
- Shipping Guarantees
- Custom Bonds
- Payment Guarantee
- Retention Guarantee, etc.
Receive and make import and export payments safely
Ensure more secure payments and better control over shipped goods with import and export bills for collection.
| Import Bills for Collection | Export Bills for Collection |
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NBC Import Bills for Collection are a safe and secure method of sourcing products worldwide. Since documentation is handled by the bank, you can:
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Receive payment for goods you export with an export bill. We ensure that buyers only take delivery of goods when the documents of title have been released by their bank. Documentary collections are a more secure method of payment than open account trading because:
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Meet your immediate import payment obligations
Manage risks, negotiate better credit terms and reduce pressure on your cash flow when you use any of our NBC Trade Finance products.
NBC Post-Import Loan
A short-term cash advance (with recourse) that covers immediate payment obligations.
Benefits
- Improved cash flow management
- More financial resources to assist with port clearing, storing and selling
- Reimburse suppliers on a sight basis or when tenor is due
NBC Import Invoice Financing
Raise short-term finance using commercial invoices and transport documents under open account transactions
Benefits
- Better cash flow
- Lower finance costs compared to an overdraft facility
- Reimburse suppliers on a sight or on a matured obligations (usance) basis
NBC Pro forma Invoice Financing
Advance funds to sellers prior to shipment of the goods.
Benefits
- Better cash flow
- Streamline the transaction process
NBC Pre-Shipment Finance
Capital finance provided to an exporter (on a with-recourse basis) against either a sales contract, purchase order or a Letter of Credit.
Benefits
- Access to funds in advance
- Lower financing cost than an overdraft
- Ability to negotiate better contract terms
- Available in local and foreign currencies
NBC Invoice Discounting
Ideal when you are selling goods on open-account basis and give your buyers credit terms.
Benefits
- Raise short-term finance using commercial invoices and transport documents
- Available for domestic or cross-border trading
Export Bills Discounting
Enables you to obtain funds in advance.
Benefits
- Improved cash flow
- Streamline your trading process
Need more information or assistance?
Call us:
+255 76 898 4000/4011 | +255 22 219 9793 | +255 768 980 191
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