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International Trade Finance

International trade offers many opportunities to companies. These opportunities also come with their own challenges and risks. In order to better identify the needs and expectations of our customers, we visit them and further strengthen our relationship. Accordingly, our expert staff boasting extensive know-how and experience offer practical and permanent solutions to the challenges and risks faced by our customers in international trade, taking into account their requirements.
In addition to the conventional international trade finance products, we mainly offer interest-free financial products such as Musharaqa (Partnership) and Mudaraba (Labor-Capital Partnership) to address the needs of our customers and support them at every single step of their international trade activities.


1. Advance Payment

Advance payment is a form of payment where the importer pays the price of the goods to the exporter before the shipment. This type of payment poses some risks to the importer. The buyer must trust the seller completely and have full confidence that the seller will fulfill their commitment before accepting this form of payment.

2. Letter of Credit

A letter of credit is a written guarantee provided to the seller (exporter) by a bank (issuing bank) to pay the seller the specified amount, within the specified maturity, against the specified documents and provided that the stipulated conditions are met, accept or negotiate the bills issued by the seller and make the payment by due date or fulfill its deferred payment obligation, upon the request and instruction of the buyer (importer) or by acting on its own behalf.

3. Cash Against Documents

Cash against documents is a form of payment where the documents are sent to the importer or the importer’s bank in exchange for the collection of the cost of the goods. The importer's bank, which collects the cost of the goods and sends the documents, transfers the amount in accordance with the instructions of the exporter's bank.
Cash Against Documents with Acceptance Credit Import against documents with acceptance credit is a form of payment in which the document sent to the bank as an attachment to the collection instruction is delivered to the importer after the bill(s) of exchange is/are accepted, and the document cost is paid at maturity.

4. Cash Against Goods

Payment against goods is a form of payment where the payment is completed at the end of the predetermined period after the document is delivered to the Bank.
This type of payment poses some risks to the exporter. The seller must trust the buyer completely and have full confidence that the seller will fulfill their commitment before accepting this form of payment.