Ø These are payments made after shipment and delivery on behalf of the importer to foreign suppliers.

Ø Importers present import documents to the Bank and payment is made after satisfying RBM Exchange Control requirements.

Features

Ø Payments settled with spot value, upon request with same day value.

Ø Forward settlements also available.

Benefits

Ø Importers are able to settle foreign bills with foreign suppliers within two working days.