Proof of Funds.

A Proof of Funds is a document demonstrating that the client has a certain financial capacity. Different formats may include bank letters, TELEX or SWIFT confirmations, phone/fax verification, Certificates of Deposit (CD's), and/or account or custody statements. The purpose of the document is to ensure that the funds required for the transaction are obtainable and legitimate.

Bancredit is highly experienced with the provision of funding advices. We specialize on assisting those clients whose existing bank facilities are unable to meet their requirements.

Bank Guarantees provided by Bancredit are designed to protect your commercial interests by eliminating the need to prepay for products or services or to put up collateral with your bank. They are helping to reduce your risk and support your cash flow.

Generally, we do not require collateral and no fees are charged without the proper instrument being issued.

Read more about Financial Services.

This does not constitute an offer of any kind. Bancredit retains absolute discretion in determining whether and to whom it may provide any quotation of the type described above.