Shipping Guarantees

This facility is provided to importers to expedite clearance and to avoid payment of demur-rages.

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 Essentials

  • The Bank will confirm actual owner of the subject consignment
  • Issued to the local shipping agent
  • The Bank undertakes to surrender the original Bill of Lading for cancellation

Terms & conditions apply

Product information and terms & conditions are subject to change from time to time.
Therefore, it is advisable to contact the Bank for the latest information and prevailing terms & conditions.

The Essentials

  • The Bank will confirm actual owner of the subject consignment
  • Issued to the local shipping agent
  • The Bank undertakes to surrender the original Bill of Lading for cancellation