The first full-fledged interest-free bank in Ethiopia

Trade Services

ZamZam Bank’s International Trade Services streamline your import and export activities, offering efficient and expert solutions for global trade. Benefit from seamless processes, expert advice, and swift customer service to enhance your trade endeavors.

Import

Export

Guarantee

IMPORT SERVICES

Import Services are your key to a seamless and efficient global trade experience. We facilitate a range of services tailored to meet the diverse needs of importers, ensuring a smooth and secure process from start to finish.

Import Letters of Credit Services

ZamZam Bank opens letters of credit on behalf of importers, guaranteeing compliance with commercial contracts. Entrust your imports to us, and we’ll handle the complexities, so you can focus on your business.

Inward Bill for Collection (Import CAD)

Our import services include handling documents for payment based on the seller’s instructions. We streamline the process, allowing you to receive goods with confidence and ease. Whether it’s payment based on commercial documents or a clean process

Import – On Advance Payment Services

For importers seeking flexibility, ZamZam Bank provides advance payment permits. Make full payments to your suppliers before receiving shipment documents, empowering you to manage your imports efficiently.                                     

EXPORT SERVICES

ZamZam Bank is your strategic partner for thriving in the international market.

Our Export Services are designed to facilitate and enhance your global business ventures, ensuring a seamless and efficient export process.

Request Services
Export Letters of Credit Services

Export Letters of Credit Services

Count on ZamZam Bank to provide irrevocable and confirmed letters of credit, securing payment for your exports. Our expertise ensures a reliable financial instrument to support your international trade transactions.

Export Bills on Collection (CAD)

Export Bills on Collection (CAD)

Experience the ease of handling export collections with ZamZam Bank. We efficiently process documents for payment or acceptance, ensuring a secure and timely settlement for your exported goods.

Advance Payment Export

Advance Payment Export

Accelerate your cash flow with our Advance Payment Export services. Receive full payment before shipping your goods, providing financial certainty for your export transactions.

Trade Expertise

Trade Expertise

Tap into the knowledge of our trade experts who understand the intricacies of global markets. ZamZam Bank provides valuable insights, guidance on compliance, and support to optimize your export strategies.

GUARANTEE SERVICES

ZamZam Bank offers a comprehensive suite of Guarantee Services, providing financial assurance and risk mitigation for various business scenarios. Whether you need a bid bond, performance bond, or advance payment guarantee, our solutions are tailored to meet your specific requirements.

Bid Bond

Secure your bidding process with ZamZam Bank’s Bid Bond. We issue a guarantee to the project owner, assuring them that you, as the bidder, will enter into a contract and provide the required performance bond if awarded the project.

Performance Bond

Build trust with your clients by utilizing ZamZam Bank’s Performance Bond. This guarantee ensures that you fulfill your contractual obligations, providing financial protection to the project owner in case of non-performance.

Advance Payment Guarantee

Facilitate your business transactions with confidence using ZamZam Bank’s Advance Payment Guarantee. This guarantees repayment to the buyer in the event that you, as the seller, fail to fulfill the agreed-upon terms of the contract.

Financing Guarantee

ZamZam Bank provides Loan Guarantees to support your financing needs. Whether you’re seeking a business loan or project funding, our guarantee enhances your creditworthiness, making it easier to secure the necessary financing.

Retention Guarantee

Secure your payment retention obligations with ZamZam Bank’s Retention Guarantee. This ensures that you will fulfill your commitments, allowing you to navigate contractual requirements with ease.

Customs Duty Guarantee

Simplify international trade with ZamZam Bank’s Customs Duty Guarantee. We provide a financial guarantee to customs authorities, facilitating the smooth movement of your goods across borders.

Other useful resources that might interest you

Foreign Exchange Rate

Foreign Exchange Rate is defined as the price of the domestic currency with respect to another currency. The purpose of foreign exchange is to compare one currency with another for showing their relative values.

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Trade Registration and Licensing

Obtaining a business license in Ethiopia. The Ministry of Trade and Industry is the main institution responsible for registering a business in Ethiopia

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National Bank Directives

The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964. Prior to this proclamation, the Bank used to carry out dual activities.

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