FAB Wins Digital Bank of the Year
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Bid Bonds:
This is an undertaking on the part of the bank to a third party that if the customer defaults, the beneficiary will be refunded or compensated by the bank to the extent of its undertaking on the presentation of pre-determined documents.
Import Duty Finance:
This is a customer credit program designed to meet the periodic custom duty payment obligations of traders.
Receivable/Invoice Finance:
The product offers credit facilities against confirmed invoices issued by Bank–approved names.