Invoice Discounting

Giving value to the seller for services/goods sold on credit terms (e.g. 60 days, 90 days…) before maturity date subject to confirmation of the acceptance by drawee through their bankers.

  1.  Maximum tenor, 180 days depending on customers trade cycle.
  2. Security is the acceptance of the drawee’s bank.
  3. The facility is self liquidating.
  4. Maximum discount- 80 % of the bill.
  5. Competitive commission charged.


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