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- A morabaha LC is a Letter of credit issued under coverage of credit facility only and customer will settle the LC in installment according to credit facility terms and conditions.
- Direct payment to suppliers against shipping merchandise to Kuwait Finance House.
Product benefit
- Flexible payment plans.
- KFH global network of correspondent banks.
- According to sharia principles.
- Effective communication with our trade finance experts.
Fees
KFH Tariff list: CLICK HERE
Eligibility
- Credit Facility clients.
- Terms and conditions.
- According to credit facility terms and conditions.
Application
- Application for issuing letter of credit : CLICK HERE
- Application for amending letter of credit : CLICK HERE
- Application for direct payment : CLICK HERE
- Cancellation of LG & LC: CLICK HERE
A normal LC is letter of credit issued under coverage of credit facility or funded facility. A customer could settle the LC from his own account.
Product benefit
- Competitive issuing fees.
- KFH global network of correspondent banks.
- Effective communication with our trade finance experts.
Fees
KFH Tariff list: CLICK HERE
Eligibility
- Credit Facility clients.
- Walk in client.
- Account with KFH.
Terms and conditions
- According to credit facility terms and conditions.
- Link to application from the back.
Application
- Application for issuing normal letter of credit : CLICK HERE
- Application for amending letter of credit : CLICK HERE
- Cancellation of LG & LC: CLICK HERE
