Trade Collections

It allows you to receive and make payments efficiently and securely, for your exports and imports.

 

Requirements

  • Application form duly executed

 

Fees & Rates

Inward Collections

  • Advising - Kes. 3,500
  • Acceptance Charges - 0.5% per quarter (min Kes. 3,500)
  • Avalisation - 1% per quarter (minimum Kes. 3,500)
  • Payment Charges - 0.5% flat (min Kes. 3,500)
  • Holding Charges - Kes. 3,000 per month
  • Swift Charges - Kes. 3,000  

Outward Collections

  • Courier Charges - Kes. 5,000,
  • Document Handling - 0.5% (min Kes. 3,500)
  • Swift Charges - Kes. 3,000

 

Features

  •  It offers you a straightforward, globally recognised method of settling payments for your exports and imports                                            
  •  It provides the added convenience of HFC tracing payment and acceptance

 

Benefits

  • A simple and safe way to receive or make payments                                               
  • Gives you more assurance around the quality of your imports                            
  • Can provide reassurance, particularly when dealing with new trading partners
  • Enables you to predict your cash flow more accurately

TIPS

A Business Tip Every SME Owner Should Know

The biggest problem founders and owners of small businesses have is that they are experts in

Always Budget When You Borrow Money

Before you borrow money, ensure you can make the monthly payments.

Failure to do so

Asset Finance TIPS

Starting a business is a tricky affair. Maintaining the business momentum and a competitive edge