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Advanced Endorsement-i (AE-i)

Advanced Endorsement-i (AE-i)

Provides endorsement on your transport document when such document is consigned to the order of the Bank, as to enable you to take possession of the goods. The service is performed under Kafalah Shariah concept.

Features

Allows you to take posession of the goods in cases where there is a delay in arrival of the Bill of Lading/Airway Bill.

Endorsement is done prior to the payment of consignment/goods.

Endorsement is done when the transport documents are consigned to the Bank. 

Benefits

Efficient Clearance of Cargo

Allows you to take possession of the goods pending arrival of transport documents.

Save on Port Charges

Immediate clearance of goods saves on port, demurrage and handling charges due to extended storage of goods.

Avoid Unnecessary Loss

Avoid possible losses due to deteriorating condition of the goods.

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