Through our partnership with Capital Bank of Jordan and leveraging their extensive network of correspondent banks, NBI offers unique, flexible, and reliable Trade Finance services that are designed to support all trade transactions.
In partnership with Capital Bank, NBI offers the extension of indirect credit in the form of Letters of Credit (L/Cs) – the safest arrangement for international trade settlements for both importers and exporters. The bank, at the request of the customer (importer), guarantees payment to foreign exporters for the value of the imported goods – according to the specifications provided by the importer. Payment may be either ‘at sight’ or at a future date
In partnership with Capital Bank, NBI can facilitate the implementation of government and private tenders through the receipt of export credit letters for both local and foreign banks.
In partnership with Capital Bank, NBI offers Letters of Guarantee on behalf of customers for the implementation of local government tenders – including participation in a tender, good performance, and advance and maintenance payments by counter gurantees – or to carry out foreign business transactions.