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Banker’s acceptance

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Put your enterprise in a position to pay local or international suppliers who aren’t yet willing to grant you credit.

 

 

Some of the benefits

30 to 365 days

Repay the money you’ve been advanced within a month to a year at maturity

Liquidity

Pay for the goods you need now and pay us back when your cash flow allows

Convenience

The approved amount is paid into your account, to pay your suppliers directly

Advantage

Keep on top of supply, and maintain a good business payment record

How it works
  • Your business draws a bill
  • In guaranteeing your bill, we take on your payment obligation to your supplier, local or international
  • Funds are paid into your account for you to then pay your supplier
  • You repay us as agreed, within 30 to 365 days

*An amount equal to its face value, less finance charges

What it costs
  • The full amount of the bill is payable to us on the agreed maturity date
How to get it

If you already have a Business Current Account

  • Speak to your business banker
  • Send us a Call me back
  • Email us
  • Call 0860 109 075
  • Or speak to us at your nearest branch

You need substantial capital and strong profit records for the past three years to apply.

  • How it works
  • What it costs
  • How to get it
  • Your business draws a bill
  • In guaranteeing your bill, we take on your payment obligation to your supplier, local or international
  • Funds are paid into your account for you to then pay your supplier
  • You repay us as agreed, within 30 to 365 days

*An amount equal to its face value, less finance charges

  • The full amount of the bill is payable to us on the agreed maturity date

If you already have a Business Current Account

  • Speak to your business banker
  • Send us a Call me back
  • Email us
  • Call 0860 109 075
  • Or speak to us at your nearest branch

You need substantial capital and strong profit records for the past three years to apply.

We also offer
Bond and guarantees product detail
Bonds and guarantees

Open more doors by reducing your credit and performance risk with the appropriate bond or guarantee from us.

Commercial property insurance 2 product detail
Commercial property insurance

Guard against loss of income with building insurance that’s tailored to your needs as an owner, investor or developer.

Understanding your risk profile
Environmental
Environmental

Risk that mostly refers to the industry in which you plan to set up your business and your customers.

Financial
Financial

Risk that’s determined by the financial state of your business, and the security that you’re able to offer.

Management
Management

Risk that takes into account the skills, commitment and abilities of the owners and management of your business.

What you need to apply
What you need to apply

Knowing up-front the information we need from you will help your application process run as smoothly as possible.

Environmental

Risk that mostly refers to the industry in which you plan to set up your business and your customers.

Financial

Risk that’s determined by the financial state of your business, and the security that you’re able to offer.

Management

Risk that takes into account the skills, commitment and abilities of the owners and management of your business.

What you need to apply

Knowing up-front the information we need from you will help your application process run as smoothly as possible.

Need help?