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