SBI (Mauritius) Ltd, a subsidiary of State Bank of India, leverages its global presence in 36 countries and wide correspondent network to deliver fast, reliable, and secure trade finance solutions. We adhere to the highest AML/CFT standards to ensure the safety of your transactions.

Import Services

Our centralized Trade Finance Department at Ebene offers:

• Issuance of Letters of Credit and Bank Guarantees
• Import remittances and document handling
• Shipping guarantees and Air Waybill endorsements
• Import Loans up to 180 days to ease cash flow

Letters of Credit

We issue and advise irrevocable LCs (sight/usance) guided by ICC rules (UCP 600). Our LCs are widely accepted in Mauritius and abroad, with options for confirmation through our global correspondents.

Shipping Guarantees

Avoid demurrage and storage fees with our shipping guarantees, enabling release of goods without original Bills of Lading/Airway Bills.

Inward Bill Collection

We act as your agent for smooth settlement of import bills, ensuring timely document release and payment transfer.

Import Loans

Short‑term financing to bridge the gap between imports and sales receipts, tailored to your trade cycle.

International Wire Transfers

Secure same‑day transfers via SWIFT in major currencies for trade, education, medical, insurance, salary, and personal remittances.

Export Services

We support exporters with:

• LC advising, confirmation, and negotiation
• Export receivable financing backed by insurance/guarantees
• Documentary collections (DA/DP basis, ICC rules)
• Bill discounting/negotiation for instant liquidity
• Immediate credit of export proceeds upon submission of compliant documents

Bank Guarantees & Standby Credit

We issue guarantees to help you secure contracts and obligations, including:

• Tender participation (EMD/security deposit)
• Mobilisation advances and project finance stages
• Performance and warranty guarantees
• Customs bonds and other contractual guarantees

All guarantees are issued against approved limits or cash collateral, governed by Mauritian law, and can be arranged overseas through SBI’s global network.