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If you are faced with a situation where your cargo import has covered by the original transport shipping documents which are yet to be received, a shipping guarantee can help you.
The Bank will confirm actual owner of subject consignment
Issued to the local shipping agent
The Bank undertakes to surrender the original Bill of Lading for cancellation
The customer will be able to clear the goods before receipt of the original shipping documents thus avoiding demurrage charges.
Details and terms & conditions mentioned in this page may change from time to time. Please contact the nearest branch for prevailing details and terms & conditions
Please feel free to use our Product Enquiry Form. Our representatives will get in touch.