Frequently asked questions
What is trade finance in UAE?
Trade finance in UAE refers to financial instruments and services that facilitate international and domestic trade, including letters of credit, documentary collections, invoice discounting, supply chain financing and export credit. UAE is a major global trade hub with strong banking infrastructure.
Which UAE banks offer trade finance services?
Major UAE banks offering trade finance include Emirates NBD, Abu Dhabi Commercial Bank, Mashreq Bank, Commercial Bank of Dubai and HSBC UAE. Islamic trade finance products are also available through Dubai Islamic Bank, Abu Dhabi Islamic Bank and Sharjah Islamic Bank.
What documents are needed for trade finance in UAE?
Trade finance documentation in UAE typically includes commercial invoice, bill of lading or airway bill, packing list, certificate of origin, letter of credit, insurance certificate and customs declarations depending on the type of transaction and financing instrument used.
