USD/KES :
Buy: 130.50
Sell: 134.50
GBP/KES :
Buy: 164.46
Sell: 171.46
EUR/KES :
Buy: 140.31
Sell: 146.81

Import Duty Financing

Get credit to settle port charges

Import Duty Financing

Import duty financing is a short-term facility available to importers for a maximum duration of 180 days, catering for port charges and custom duty, thus avoiding storage and demurrage charges.

Features

  • Amount Financed; 100% of correctly calculated Duties and Taxes as per KRA’s guideline
  • Minimum amount KES 50,000. No maximum

Benefits

  • We assist the importer(s) avoid high port, storage and demurrage charges
  • We assist Importers avoid auction of their property at the port
  • Can be financed at any Family Bank branch countrywide

Requirements

  • Must be an importer of authorised goods and services in Kenya e.g. raw materials, machinery, electronics, etc
  • Importers of second-hand motor vehicles (individuals, companies or motor vehicle dealers)
  • Import duty finance facility
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