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Trade finance

Letters of Credit title

  • Up to 90 days grace period
  • loan value of up to JOD 500,000

Overview

A Letter of Credit is an irrevocable bank commitment to pay the supplier upon presentation of compliant shipping documents, issued at the buyer’s request. AJIB offers Letters of Credit services for both import and export transactions, governed by international standards (UCP 600 or ISP98).
Trade finance

Letters of
Guarantees

  • Up to 90 days grace period
  • loan value of up to JOD 500,000

Overview

AJIB provides Letters of Guarantee services for importers and exporters, following ICC standards, widely used for secure international trade settlement.
Trade finance

Bills for Collection

  • Up to 90 days grace period
  • loan value of up to JOD 500,000

Overview

AJIB handles inward and outward documentary collections under ICC URC 522.
Trade finance

Trade Loans

  • Up to 90 days grace period
  • loan value of up to JOD 500,000

Overview

AJIB will assist your company to select from a wide range of attractive Trade Loans and Finance Products depending on the size of your company, your financial strength, and your needs.

Letters of Credit title

Benefits

Export LCs StandBy LCs

AJIB advises and confirms export letters of credit issued by banks worldwide.

Standby Letters of Credit issued under ISP98 for performance and payment obligations.

Export LCsStandBy LCs

Letters of Guarantees

Benefits

Local Letters of Guarantee Foreign Letters of Guarantee Shipping Guarantees

Guarantees issued by AJIB to local beneficiaries, used primarily for bid bonds, performance bonds, advance payment guarantees and payment guarantees.

Guarantees issued in favour of beneficiaries abroad through our correspondent network.

Shipping guarantees that let you release goods before the original documents arrive.

Local Letters of GuaranteeForeign Letters of GuaranteeShipping Guarantees

Bills for Collection

Benefits

Inward Export LCs Shipping Guarantees

Inward.

AJIB advises and confirms export letters of credit issued by banks worldwide.

Shipping guarantees that let you release goods before the original documents arrive.

InwardExport LCsShipping Guarantees

Trade Loans

Benefits

Import Finance Export Finance

The importer is able to conserve capital as they do not have to pay cash in advance and will have the ability to do business abroad and negotiate better prices.

Pre and post shipment finance against confirmed export orders.

Import FinanceExport Finance
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