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Business Services

QDB Export Finance Services

  • Last Updated 11 Jan, 2021
  • Service Type : E-Service
  • Service Mode : Hybrid (Online and Offline)
  • Service Provider : Qatar Development Bank
  • Service Classification : G2B
  • Topic : Business and Finance
Intended Audience
Citizen:Parent, Business Owner, Employee

Description

This program offers small and medium Qatari enterprises (SMEs) financial solutions such as facilitated export financing and guarantees against risks of non-payment by foreign buyers. The service aims at encouraging Qatari SME’s to focus on foreign markets and increase their export volume and sales operations abroad.

The services include the following:

  • Post-Export Finance Invoice/ LC Discounting: invoices and letters of credit that are post-dated enables Qatari companies to boost its liquidity. Bill discounting is treated as a short-term loan.

Receiving Post Export Finance service include the following conditions:

  • Discount reaches up to 90% of invoices / letters of credit value
  • Profit is about 3-5% per annum
  • Duration extends to one year or as agreed

Documents required for Post-Export Finance Invoice Discount:

  • QDB KYC form (duly signed by the authorized signatory and bearing the company seal)
  • Copy of valid Commercial Registration
  • Copy of Establishment ID
  • QID copies of authorized signatories.
  • Official request letter regarding the demanded facility and the credit term (tenor) (letter to be duly signed by the authorized signatory and stamped with the company seal)
  • Copy of audited financial statements for the past 3 years (for existing companies)
  • A list of names and addresses of importers
  • Invoices
  • Certificate of Origin
  • Shipping documents

Documents required for Letters of Credit (LCs):

  • QDB KYC form (duly signed by the authorized signatory and bearing the company seal)
  • Copy of valid Commercial Registration
  • Copy of Establishment ID
  • QID copies of authorized signatories
  • Official request letter regarding the demanded facility and the credit term (tenor) (letter to be duly signed by the authorized signatory and stamped with the company seal)
  • Copy of audited financial statements for the past 3 years (for existing companies)
  • A list of names and addresses of importers
  • Invoices
  • Certificate of Origin
  • Shipping documents
  • Name of the bank issuing the letter of credit
  • Copy of the letter of credit mentioning Qatar Development Bank as the negotiating bank for the letter of credit

  • Pre-Export Financing: This service provides raw material financing based on a confirmed purchase or supply order​.

Receiving Post Export Finance service include the following conditions:

  • Value reaches to 80% of contract value
  • Profit is about 3-5% per annum
  • Duration extends to one year or as agreed

Documents required for Post-Export Finance Invoice Discount:

  • QDB KYC form (duly signed by the authorized signatory and bearing the company seal)
  • Copy of valid Commercial Registration
  • Copy of Establishment ID
  • QID copies of authorized signatories
  • Official request letter regarding the demanded facility and the credit term (tenor) (letter to be duly signed by the authorized signatory and stamped with the company seal)
  • Copy of audited financial statements for the past 3 years (for existing companies)
  • A list of names and addresses of importers
  • Certificate of Origin
  • Shipping documents
  • Name of the bank issuing the letter of credit
  • Copy of the letter of credit mentioning Qatar Development Bank as the negotiating bank for the letter of credit
  • Copy of the contract or purchase order request from the importer

Online Instructions

Enter the required data and attach the following documents:

  • QID of the owner
  • Business Model - Feasibility Study
  • CV
  • Choose “Export Finance” from the list of "Services you are interested in”
  • Enter the verification word
  • Agree on the terms and conditions
  • Submit the application

Additional Information

For more details, you can check the Customer Journey Booklet and the service information page on QDB’s website.

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