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Cheque & Bill Discounting

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.

 
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