Conducting business internationally takes expertise and experience. That’s where we come in.
Providing a range of comprehensive cross border and Shari’a compliant products and services to support your Global Trade activities, we bring you a dedicated Trade Finance Desk, to serve you better.
Our services include:
- A dedicated desk for express issuance of Letters of Credit and Letter of Guarantee against cash margin (terms and conditions apply).
- Advisory services, at no additional charge.
Select your desired Product
An undertaking provided by the Bank on behalf of a buyer to a seller that guarantees payment to the seller if terms and conditions are complied with.
To apply, kindly fulfill the below requirements:
- Applicant must have an Import LC facility line opened and active with Al Salam Bank.
- Applicant must have an active Account with Al Salam Bank.
- Applicant must fill the provided LC Facility application form or LC Amendment Form in case of amendment to existing LC, stamp it and have it signed by authorized signatories.
- Applicant must attach a copy of the proforma invoice.
- In the case of delivery by road – Applicant must fill the below Truck Indemnity form, stamp it and have it signed by authorized signatories.
- Applicant must fill the Agency Agreement, stamp it and have it signed by authorized signatories.
- Applicant must submit the above-mentioned documents at the Trade Finance Desk.