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
Benefits
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A guarantee issued by the Bank to shipping company or agent on behalf of importers for clearance of purchased goods in the absence of the original Bill of Lading.
Collection handling of foreign and domestic inward documents for buyer/importer and trade settlement on terms agreed with supplier/exporter.
A written undertaking by the Bank issued on behalf of a buyer guaranteeing payments to a seller against presentation of necessary trading documents.
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