OTHER FINANCING
Your need :
You are Exporter and you wish:
To get facility to finance goods (and if needed freight).
You are Issuing Bank and you wish:
To obtain a deferred payment.
Our offer :
For each of your request, UBAF would be ready to propose you the following facilities in regard of your contracts :
ISLAMIC FINANCE
ISLAMIC FINANCE UBAF
UBAF has acquired solid expertise in Islamic finance with more than 20 years of experience in this field.
It has been a pioneer bank in Europe to develop this activity with the aim to assist its clients (Islamic banks) in the Arab world from France.
UBAF has designated the Sharyah Review Bureau as its Islamic Advisor in order to assure its clients that UBAF’s Islamic products are structured and implemented according to Sharia principles as well as our regulators’ and internal compliance’s requirements.
OVERDRAFT GUARANTEE
Your need :
You are an exporter and you wish to :
- Obtain overdraft in a bank in the importing country,
- Benefit from a financial flexibility,
- Finance your local needs.
Our Offer :
Upon the exporter’s instructions, UBAF issues a guarantee in favor of a bank located in the country of the importer and nominated by the exporter to allow to the exporter to open a local currency account.
STAND-BY LC
Your need :
You are an exporter and you wish to :
Be guaranteed of the payment of your documents in case of default of the importer (buyer / customer).
Our offer :
- If you opt for confirmation, UBAF agrees to pay your claim against strictly compliant documents.
- If you opt for the notification, UBAF will pay only after effective receipt of the funds, against strictly compliant documents.
RETENTION BOND
Your need :
You are an exporter and you wish to :
Provide insurance to your customer, after the end of the execution or during the warranty period, that the realization is compliant with the contract.
Our offer :
Upon the exporter’s instructions, UBAF issues a direct or indirect guarantee (counter - guarantee) through its privileged network of correspondents and monitors the operation.