IFIC Bank PLC has a long and distinguished history in trade finance in Bangladesh, providing comprehensive solutions to facilitate international and domestic trade. With a team of experienced trade finance professionals, the Bank ensures efficient and reliable support for customers in managing all types of import and export transactions.

As part of its commitment to service excellence, IFIC Bank is centralizing its trade operations to deliver faster, smoother, and more efficient trade-related services to its valued clients.

 

Import Services

IFIC Bank offers a full range of import financing solutions to support businesses in their international procurement activities. Our import services include:

• Letter of Credit (LC)
• Standby Letter of Credit (SBLC)
• Payment Against Documents (PAD)
• Loan Against Trust Receipt (LTR)
• Shipping Guarantee

These facilities help importers manage their transactions securely and efficiently while maintaining smooth business operations.

 

Export Services

To empower exporters and promote Bangladesh’s export sector, IFIC Bank provides both pre-shipment and post-shipment financing facilities:

1. Pre-Shipment Finance

• Back-to-Back Letter of Credit (LC) issued against export Master LC or contract
• Export LC Advising and Transfer Services
• Export Development Fund (EDF) Loan
• Export Cash Credit (ECC)
• Overdraft Facilities (Garments)
• Packing Credit

2. Post-Shipment Finance

• Export Bill Purchase (EBP)
• Export Bills for Collection (FBC)
• Inland Documentary Bill Purchase (IDBP)
• Foreign Documentary Bill Purchase (FDBP)

These export financing solutions are designed to support exporters’ working capital needs and ensure timely payment realization.

 

IFIC Bank Trade Finance - Your Trusted Partner in Global Trade

With a deep understanding of international trade regulations and practices, IFIC Bank PLC continues to be a trusted partner for businesses engaged in import and export trade, offering secure, compliant, and customer-focused financial solutions.