Bid & Performance Bonds, Customs Bonds, Standby Letters of Credit, and Local Payment Guarantees etc.

Operating in a global market place with different regulations, business practices and importer requirements, you may be required to provide a guarantee to secure your orders as importers strive to manage their risk.

Arranging facilities through local banks can be costly. Managing the process through a number of different banks can be impossible complex and time-consuming.

Through its local network made up of over 30 branches scattered all over the country, CRDB Bank can offer an end-to-end service offering master facilities to handle all your bonds and guarantees, together with local expertise bringing an in-depth understanding of your customers' markets and expectations to the table.

CRDB Bank can issue bonds, customs bonds, Standby Letters of Credit, and Local Payment Guarantees offering:

- Guarantees for domestic trade.
- Local expertise on legal wording, structuring and information reporting.
- Local understanding of importers' requirements.
- Advice on pricing to reflect the terms of your customer's local market to improve your competitiveness.
- Financing and loans for your customers

This product is subject to CRDB Bank's internal approvals

For more details on this product, please contact your Relationship Manager Tel +255 22 2117442-7
Or
Manager- Trade Finance Tel +255 22 2115495
Email: tradefinance@crdbbank.com