Export Bill Discounts:
Export Bill Discounting finances receivables when exports are made under Letters of Credit.
Amounts: Can vary depending on the Bill Amount.
Rates: Variable Interest Rates based on BBK Base Rate.
Tenor: Maximum 180 days
Terms & Conditions: Can Vary. Please refer to a detailed list or the Relationship Manager.
Cheque Discounting:
Cheque Discounting is a form of receivable financing. BBK can discount cheques drawn by acceptable drawers and provide funds up front.
Amounts: From BD 10,000.
Rates: Variable Interest Rates based on BBK Base Rate.
Tenor: Maximum 24 Months.
Terms & Conditions: Can Vary. Please refer to a detailed list or the Relationship Manager.