At Cairo International Bank we take time to understand your trading needs fully. Whether importing or exporting our wide product range waits.

1. Letters of credit Letters of credit are a time-tested instrument of International trade. They have been used effectively to expand markets for goods and services and to facilitate a variety of financial transaction as a method of payment. Financing the flows of goods and services has become a key component of maximizing profit from trade and minimizing the risks. Our international specialists can help you with the right advise regarding this.

* Letters of credit (import) The ideal method in importing your goods which ensures that all your purchase requirements, terms and conditions as stipulated in the letter of credit have been complied with before effecting payment to the seller.

* Letters of credit (Export) Exporting your goods through confirmed letters of credit is recommended to ensure having your payment upon your fulfillment of all the sells terms and conditions stipulated in the letter of credit without delay. Please contact our trade and finance team for free consultation.

* Documentary collection Inward Documentary Collection (Import) Inward collections are normally received from correspondent banks for the goods being imported by our customers to enable them clear their goods and effect payment. Outward documentary Collection (Export) Outward collections are usually sent to our correspondent banks for the goods being exported by our customer in order to obtain payment

. 2. Letters of Guarantee C.I.B aims at enabling you meet your contract obligations and guarantees the employer of your ability to deliver up to the standards. These are of several types;

* Bid Bonds or Tender Guarantees Support your bidding process with C.I.B letter of guarantee. C.I.B will guarantee that your credibility proceeds you as you bid

* Performance Bonds/ Guarantees Should you require a performance guarantee for a percentage of the contract as may be required by the contract specifications of successful bidders, CIB is just ready to enable you meet your contract requirements and to assure your employer of your ability to perform.

* Advance payment Guarantees Should there be an arrangement with your employer for an advance payment, CIB offers a guarantee assuring that the employer will be paid if the reason arises for failure to meet contract specifications. Let C.I.B bring successful conclusion of an important deal through our guarantees as we build the future