Assisting Importers with our short term Trade Finance

Import Duty Finance is a short term Trade Finance facility offered by Family Bank to importers of goods and services and usually with duration of 180 days or less.

Import_Duty_Financing

Here's what you'll get

Features

  • Amount Financed; 100% of correctly calculated Duties and Taxes as per KRA’s guideline.
  • Minimum amount kshs 50, 000.00. No maximum.
  • This is a short term Trade Finance product usually with duration of 180 days or less.

Benefits

  • Assist the importers to avoid high Port, Storage and Demurrage charges
  • Assist Importers avoid auction of their property at the port.
  • Can be financed at any of our Family Bank branches countrywide.

Requirements

  • Must be an importer of authorised  goods and services in Kenya e.g raw materials, machinery, electronics, ‘Mitumba’, etc
  • Importers of Second Hand Motor Vehicles (Individuals, Companies or Motor Vehicle Dealers)
  • Import Duty Finance facility