Financial Products

Import Duty Finance (IDF)

This product will allow you pay for shipping costs, customs and storage charges for your imports. It affords you a convenient and affordable repayment plan spread out up to a maximum of 7 months. The IDF will salvage your shipment and save you from incurring demurrage charges.

Step 1 Make an application by filling out the Business Loan Form. Contact us
Step 2 You will be assigned a Business Relationship Officer (BRO), who will get in touch with you regarding additional documentation required to assess your credit application. Documents required are indicated below.
Step 3 If your application is successful, your BRO will notify you, and avail the letter of offer and other documents for your execution.
Step 4 Upon execution of the requisite documents, you will receive funding within 24 hours.

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Documents Required

  • Copy of ID/ Passport
  • Copy of PIN Certificate
  • Duly filled application form
  • Bill of Lading
  • COMESA Certificate – If importing from a COMESA Country
  • Customs Document – C.17 B Customs (Single Administrative Document)
  • Kenya Bureau of Standards – Certificate of Roadworthiness from KBS partners
  • Export Certificate from Country of Origin
  • Marine Insurance – Certificate of Insurance
  • Import Declaration Form (IDF)
  • Exporter’s Invoice

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