Trust Receipt Demand Loan

Trust Receipt Demand Loan or TRDL is a service we offer for short term financing to settle payment of bills under Import Letters of Credit.

Shipping Guarantee

Shipping Guarantees are issued to facilitate the importer for clearance of goods in the absence of the original documents under Letters of Credit. You do not have to worry about paying demurrage charges anymore. We will issue our Shipping Guarantee when you present a copy of the ‘Original Bill of Lading/Airway Bill and Commercial Invoice under the Letter of Credit.

For applications please contact any of our Branches

For Fees and Charges please visit Schedule of Charges

For today’s Exchange Ratesplease visit Exchange Rates

Inward and Outward Documentary Collection

Documentary Collections are used for mercantile transactions. Under this service we will make payment to your suppliers only when you settle the bill. We handle all Documentary Collections in compliance with the Uniform Rules for Collection (URC 522, ICC Revision 1996).

For Fees and Charges please visit Schedule of Charges

Packing Credit

Our Packing Credit facility will assist you with any short term financing you might need for exporting goods outside Maldives.