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Eximbank Rev FAQs

Eximbank Rev FAQs
  • What is the interest rate charged?
    Interest rates are very competitive and are subject to the creditworthiness of the exporter, the strength of their financials and the security being offered.
  • What security has to be offered?
    Eximbank currently accepts various forms of security and unlike the commercial banks we do not only rely on tangible security.
  • My company provides a service, so we don’t have an actual product. Can Eximbank assist me?
    Of course! All our products can be utilised by the service industry. For example we can insure you against non-payment by your foreign customers due to both commercial and political risks.
  • How long does it take to process an application?
    Approval times will vary according to the product, dollar amount and complexity of the transaction.
  • Do I have to be an exporter?
    Yes! Our mandate is focused on assisting exporters.
  • Do I have to queue for USD currency?
    No! This is one of the advantages of Eximbank; we have USD currency readily available.
  • Why should I choose EXIMBANK?
    The main advantages of Eximbank are our commendable customer service, competitive rates and readily availability of USD funds.