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Features Benefits

Target Customers:

  • General Traders (Import & Export)
  • Manufacturing, production, and packaging
  • Agriculture
  • Construction
  • Service & logistics
  • IT technology
  • Education
  • Other acceptable entities (as per bank policy)

Type of Letter of Credits:

  • Sight credits
  • Deferred payment (Usance)
  • Standby
  • Revolving

Document Required & Qualification 

  • Having an active account with AIB
  • Updated license
  • Updated article of association (AoA)

Qualifications:

  • Good financial history
  • 100% cash cover/Counter guarantee from an A-class bank

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