Trade Finance
Oromia International Bank provides import and export services to its customers to facilitate trade in the global market. OIB provides expertise advice and quick customer services with the aim of laying the platform to smooth trade activities and transactions between sellers and buyers.
Import
The methods of payments used to entertain customers import processing through our bank are Letters of Credit (LC), Cash Against Documents (CAD), Cash in advance, Consignment.
Documents Required for Import Letter of Credit
Required documents for Imports by CAD at sight
Export
The methods of payments used to entertain customers export processing through our bank are Letters of Credit (LC), Cash Against Documents (CAD), Cash in advance, Consignment.