Post Import finance
This facility enables Partner Bank/s clients to access credit to enable them pay their suppliers where they extend credit period to their ultimate customers.
Benefits to the importer
- Used by importers/buyers to pay the Bills as they fall due instead of debiting the current account
- It is ideal to use when client account is not in credit balance as the fees charged are usually lower than the overdraft
- The facility enables clients to pay bills on time and creates room to generate receivables
- The facility may assist the client to negotiate better credit terms with his suppliers