Finance Amount
500,000 and above
Corporate Trade Finance
Import & Export
LC and collection services
Guarantees
Bid, performance & payment bonds
Dedicated
Relationship Manager
CBO Regulated
Central Bank of Oman
Product Details
Key terms at a glance.
Indicative parameters — your RM will confirm the exact structure based on your business profile and facility size.
Tenure
Up to 84 months (7 years)
Rate
Competitive — structured at application
Repayment
Scheduled instalments — tailored to cashflow
Security
Subject to credit assessment and facility size
Early Settlement
Available — terms apply
Drawdown
Single or phased — per project structure
Terms and Conditions apply in accordance to Central Bank of Oman regulations
What to prepare
Documents required
Core documents across all trade finance instruments. Your Relationship Manager will confirm the specific checklist based on the instrument and transaction.
Commercial Registration (CR) & Memorandum of Association
CorporateValid CR and MoA reflecting current ownership and business activity. Required for all trade finance facilities.
Audited Financial Statements
FinancialsLast 2–3 years of audited accounts. Demonstrates financial standing and ability to back the facility or guarantee.
Trade or Contract Documents
TradePro-forma invoice, purchase order, or signed contract — confirming the trade transaction or project for which the instrument is required.
Business Bank Statements
BankingLast 6–12 months of business account statements. Supports credit assessment and demonstrates trading volumes.
Your Relationship Manager confirms the full checklist at first meeting. Additional documents required depending on instrument type, transaction value and counterparty country.
The process
4 steps to your trade facility.
Your Relationship Manager handles the complexity — from instrument selection to document verification and issuing.
Initial Consultation
Call or WhatsApp your RM. They'll identify the right instrument for your trade scenario and structure.
Credit Assessment
Submit your documents. UFC's credit team assesses your facility limit — typically completed within 48 hours.
Instrument Issuance
Once approved, UFC issues the LC, guarantee or collection instruction — routed directly to your counterparty's bank.
Document Handling
UFC verifies and processes trade documents on your behalf — releasing payment or goods per the agreed terms.
FAQ
Frequently asked questions
A Letter of Credit is used to facilitate trade payments — the bank commits to pay your supplier once specific documents are presented. A Bank Guarantee is a commitment to compensate a third party if you fail to fulfil an obligation, such as a contract or advance payment. LCs are about payment for goods; guarantees are about contract performance assurance.
ANY HELP
Get in touch.
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