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.

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