Post-Import Financing

Access credit to settle bills of exchange

Post-Import Financing

Post-import financing is a short-term credit facility available to importers for the purpose of settling bills of exchange that have matured and remain outstanding.

Features

  • Post-import financing enables you to pay bills on time and create room to generate receivables
  • Get assistance in negotiating better credit terms with your suppliers

Benefits

  • Pay bills as they fall due instead of debiting your current account
  • Ideal to use when your account is not in credit balance as the fees charged are usually lower than an overdraft

Requirements

  • PIF facility or cash margin
  • Customer's letter of request
  • Supplier's invoice(s)
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