Import with confidence. Our Letters of Credit build trust between buyers and sellers by guaranteeing payment while goods are in transit. This reduces risk and ensures smoother, more reliable trade transactions.
With SBM backing your imports, you can negotiate better terms and move goods knowing payment is assured at every stage.
Why choose Letters of Credit
The Letters of Credit are issued in all freely convertible currencies
Our global network of correspondent banks enables us to issue Letters of Credit on your behalf in virtually all countries worldwide
Flexible structure based on the needs of our customers
Eligibility / Documents Required
An SBM account
All other terms and conditions apply
Rates & Fees
1% of per quarter, with a minimun charge of KES. 5,000