SME-Development Bank provides shipping guarantee when the goods under LC have been arrived before the receipt of bill of lading and shipping documents.
Required Documents for Shipping Guarantee
• Application with Company Letter Head
• Bill of Lading (Copy)
• Commercial Invoice / Packing List (Copy)
• Indemnity Bond Form Bank
• Shipping Guarantee Form from Shipping Line
• Import License Original (If need)
• Minimum Initial Deposit USD (50$) and Maximum USD (1500$)
• Commission Fees is (0.25%) of LC Amount
• SWIFT service fess USD (3$)
• Maturity of LC is (3) Months and can be extend
No. (298), Corner of Anawrahta Road & Wardan Street, 2nd Ward, Lanmadaw Township.