QNB

Document Credit Facility

All your international trade solutions are now in one place.

We fully understand the needs of a dynamic business, that's why we offer refinancing options at preferred rates. If you are importing goods for your business or buying from a local market with a letter of credit, you can use short-term Document Credit Facility for the payment of the goods.
 

Eligibility

  • QNB Customer with a corporate account

How to apply

You can now apply online from clicking on the link below.  

Please make sure you are ready with the following information:

Facility Request Letter 
a- Facility Type: 
b- Facility Amount:
c- Facility Tenor:
d- Proposed Securities / collaterals:
e- Purpose of the Credit Facilities:
 

Valid Commercial Registrations "CR"
To be provided for the borrower and the partners (if applicable)
 

Valid IDs of the partners

Company's Profile
a- Website: 
b- Address and contact details
c- Business activity
d- Details on the Services / Products
 

Audited Financial Statements for the last 3 years 
To be provided for the borrower, and the partners (if applicable)
 

Interim Financial  Statements for the current year
To be provided for the borrower, and the partners (if applicable)
 

Project Cash Flow / Feasibility Study / Market Study (if applicable)
To be prepared and audited by 3rd party auditor acceptable to the bank
 

N.B: The bank reserves the right to request any further information / documents required to conduct its financials, technical and legal due diligence

Benefits & Features

  • Dedicated Relationship Manager
  • Supports your short-term purchase needs
  • Bank will ask the cash flow of the sales of this purchase to make sure that the receivables are directed to QNB accounts

Frequently Asked Questions

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