Discover our short-term trade finance

This entails the purchasing by Family Bank, invoices or promissory notes from a supplier’s selected customers. This is a short-term trade finance product usually with a tenor of 180 days or less.

Trade Loan Discounting

Here's what you'll get

Features

  • This is a short-term trade finance product usually with a tenor of 180 days or less.

Benefits

  • Competitive rates are offered depending on volumes
  • The bank typically does the discounting with recourse to the supplier.

Requirements

  • Discounting facility or payment guarantee in favour of the bank
  • Customer’s letter of request
  • Invoices and/or Bills of Exchange and/or Certificates of work done