Corporate Letters of Credit

Strengthen your trading relationships by offering better credit terms to overseas buyers if you are exporting goods.

At a glance

FINANCIAL COMMITMENT

Clear financial commitment

CREDIBILITY

Demonstrate your financial credibility

APPLICATION

Easy application process

Why choose our Corporate Letters of Credit

Mayfair CIB Bank can assist your business with reducing payment risks when exporting to and importing from suppliers and customers in international markets.

Renewable

Sight and Usance letters of credit facility not exceeding 180days

Cash flow

Ease trade cash flow constraints

Flexibility

Quick turnaround time to provide payment comfort to suppliers

Easy access

Availed for import and for export financing

Support

Provides comfort to third parties that the borrowers shall fulfill their obligations

Relationship manager

We have dedicated banking experts on hand when you need them

Apply now

Check your eligibility

You must have;

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Certified bank account statements for the last 12 months

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Latest annual returns filed with the registrar
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Audited accounts for the last 2 years
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Cash flow projections over the term of the proposed borrowing
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Valuation report
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List of major customers and suppliers
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Approved plan/Bill of quantities(for construction projects)
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Tax compliance certificate
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Current loan statements for facilities elsewhere if any
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Evidence of orders, LPOs, work contracts where applicable
If you are a new Mayfair CIB Bank Customer

 

Leave your details with us and a Relationship Manager will contact you at your convenience.

If you're an existing customer

 

Leave your details with us and a Relationship Manager will contact you at your convenience.

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Find your nearest Mayfair CIB Bank branch.

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Fully secured basis

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Available in multiple currencies (KES/ USD/GBP/EUR)

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+254 709 063 000

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