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Setting up your banking experience
Setting up your banking experience
Handling Global Trade and making payments internationally is simplified at NIB.
Our dedicated relationship managers in the international banking team will assist and facilitate your request with no stress to you.
With our flexible approach to work, attention to details, you can rest assured that your funds will be safely delivered to your suppliers and other beneficiaries.
Have you identified a new market for your products and services, or perhaps a new cost effective supplier but don't have the funds readily available to capitalize on these opportunities? National Investment Bank's trade finance services could be your solution.
Paying school fees, mortgages, medical bills or products and services internationally couldn't be easier. At National Investment Bank we facilitate International Payments with funds realized in the receiver's account within 24 hours.
It is a method of international trade where the buyer places funds at the disposal of the seller before shipment of the goods/services are done. Payments are done within 24 hours after receipt of customer request.
This method of payment stipulates that the buyer (importer) receives the goods and pays the Seller (supplier) at a later date. Payments are done within 24 hours after receipt of customer request.
This refers to a process, in which a seller instructs his bank to forward documents related to the export of goods to NIB Ltd (buyer's bank), with a request to present these documents to the buyer for payment.
LCs are written undertaking issued by NIB Ltd, on behalf of a buyer, to the seller, to pay for goods or services. The seller must present documents which comply with the terms and conditions of the LC to the bank for payments.