Shipping Guarantee-i is a guarantee issued by the Consignee/ Importer countersigned by the Bank to indemnify the shipping company to enable the Consignee/ Importer acquire goods without presentation of the original Bill of Lading.

Concept

Kafalah

Benefits

• Importers can obtain goods immediately before the arrival of original documents such as Bill of Lading etc
• To avoid importers from demurrage charges and other port charges

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