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Non-Recourse Export DC Bill Discounting

Non recourse export dc bill discounting

Why is this service right for you?

  • Immediate payment on DC issuing bank's acceptance of documents
  • Transfers the risk of non-payment to SABB
  • Limits trade finance liabilities

 Other Benefits

  • No delay between the time the DC issuing bank agrees to pay and the time payment is made
  • Peace of mind that payment is final, even if SABB has problems collecting the export proceeds
  • Improves cash flow
  • Improves the financing capacity of your business

 

 Ready to apply?

  Or..

  • Visit the nearest Branch...
  • Call us..on Toll Free: 800 124 5666 within the Kingdom or +966 (0)11 405-2066 from a mobile/abroad
  • Register in SABBNET "Internet Banking Services" and enjoy preferential fees