What We Do
At NBE (UK), Trade Finance employs a team of talented experts with vast and cumulative experience. We operate based on long-standing relationships established through the extensive network built over many years and through regional and international banks involved in the trade finance business between the Middle East and North Africa (MENA), EMEA and the United Kingdom.
Letters of Credit (LC)
A Letter of Credit is a conditional payment mechanism under which the issuing bank irrevocably promises to pay the seller if presented documents comply with all of the Credit’s terms and conditions.
We can offer:
- Irrevocable LC
- Transferable LC
- Back-to-Back LC
- Revolving LC
- Standby LC
Letters of Credit (LC)
Letters of Guarantee (LG)
The department is experienced in proactively recommending to clients the best format and method to protect their rights and interest in all guarantee categories such as bid bonds, performance, advance payment, retention, suppliers credit guarantee, contract guarantees and others.
Documentary Collection
Documentary Collection is the collection by a bank of funds due from a buyer against documents’ delivery. The bank has no liability for payment.
Bill Financing
Reduce your turnaround time, improve your cash flow, and convert your accepted bills to cash at competitive rates for different foreign currencies.
How It Works
The commission rate is based upon the risk assumed by collateral and your financial strength.
Other charges may include correspondent bank charges and expenses incurred by relating to the letter of credit such as courier, swift charges, etc.
Who We Are
National Bank of Egypt (UK) Limited is a British Bank with significant connections with Egyptian markets worldwide. Its origins date back to 1898, it is one of the oldest banks operating in London.
