Import refers to goods brought into the country from abroad against payment of foreign currency. In compliance with the NBE Directive No FXD/07/98 and series of amendments issued thereafter, requests for import shall be entertained after the necessary foreign exchange permit is approved by the authorized international banking Staff/Unit.
Once the foreign exchange permit is obtained, import transactions can be processed in accordance with NBE Directives/Notifications, the Bank’s own Policies & Procedures, and international banking standards, practices &conventions
- Documentary Credit (Letter of Credit)
- Documentary Collection (Inward Bills for Collection)
- Advance Payment
- Franco Valuta