International Trade
Guarantees
Performance Bonds
Commercial Bank can provide Performance Bonds in order to guarantee the completion of a contract.
Bid Bonds
When bidding for contracts, merchants often rely on Commercial Bank’s Bid Bonds in order to secure contracts.
Retention Money Guarantees
Retention Money Guarantees are issued to secure retention money on a contract.
Credit Guarantees
Credit Guarantees are issued to secure extended credit facilities in business transactions.
Advance Payment Guarantees
Advance Payment Guarantees are those which are issued to secure an advance payment in relation to a contract.
Trade And Finance
Export Bills Purchase
Commercial Bank’s Export Bills Purchase is the acquiring of bills pertaining to Letters of Credit or collection documents.
Letters of Credit
Commercial Bank Letters of Credit are well recognized and acceptable worldwide due to our sound financial stability.
Bill Discounting
While discounting a bill, the Bank buys the bill (i.e. Bill of Exchange or Promissory Note) before it is due and credits the value of the bill after a discount charge to the customer's account
Letters Of Guarantee
Letters of Guarantees
Draft Purchase
We offer Draft Purchase funds for the purchase of local and foreign currency drafts.
