Foreign Trade - Safa Bank
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Foreign Trade

Enjoy easier foreign trade with Safa Bank

 

We provide unique trade solutions that comply with the regulations of Islamic Sharia and that suit your various trade needs. We have designed our services to fulfill your diverse trade needs and facilitate your local and international business transactions. Safa Bank offers businessmen and importers the following services:

Documentary Credits:

Outgoing and incoming documentary credits are considered two of the most common methods of international financing due to their many characteristics (fast reporting, the guarantee of payment, and is one of the most common arrangements used by banks globally). Documentary credits are used to complete international trade transactions, as this method ensures the completion of a transaction in compliance with the latest applicable international terms and laws.

Collection Policies:

Providing collection polocies is one of the key services offered by Safa Bank and is based on the trust between the parties of a business transaction. Collection policies services are offered to clients who do not need the services provided as part of documentary credits.

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