Saudi Arabia
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SABB Amanah Documentary Credits
Why is this payment method right for you?
Even if you do not require financing of your imports our SABB Amanah DC gives you the assurance that your trade complies fully with Shariah requirements.
Other Benefits
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No approved facility line is required
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Facilitate import transaction in ways similar to conventional DCs
How Amanah Documentary Credits Work
At your request we will issue a SABB Amanah DC for a specified amount for the importation of Halal goods and services. This will be done against a margin deposit to cover the value of the imports or against facilities previously agreed with us.
On the DC bill matuirty date we will pay the negotiating bank using the margin deposit or you may opt for our Tawarruq Import Finance Facility, subject to availability of approved limits, and pay us on a later agreed date.
Ready to apply?
Now
Or..
- Visit the nearest Branch...
- Call us..on Toll Free: 800 124 5666 within the Kingdom or +966 (0)1 405-2066 from a mobile/abroad
- Register in SABBNET "Internet Banking Services" and enjoy preferential fees
