 |
|
|
| Commercial Bank |
 |
Tailor-made Business Solutions for Small, Medium and Mid Market Enterprises.
|
| Account Options |
| Current Account |
: |
Account with Checkbook facility. We also
issue Capital Letter for the purpose of
registration of companies under formation. |
| CitiBest |
: |
An interest bearing AED Account
which has all the facilities of a
normal Current Account. |
| Time Deposit |
: |
We offer Deposits for various
tenors at attractive rates in
multiple currencies. |
| Call Account |
: |
Multi currency account which can
earn interest. |
|
| Credit Facilities |
| Check/Bill Discounting |
: |
Facilities against post dated checks and bills. |
| Term Loan |
: |
A term Loan offered to new & existing
customers. The facility offered is based on
the average turnover of the business. |
| Property Power |
: |
Facilities against freehold residential
or commercial property. |
| Cash/Near Cash |
: |
Facilities against cash or investments. |
|
| Trade |
| Trade Finance |
: |
Facilities to open an LC covering upto 70%
of the LC amount. |
| Letters of Credit |
: |
Stand By Letter of Credit (SBLC).
Letter of Credit (LC) Sight and Usance. |
| Guarantees |
: |
Bank Guarantees, Labour Guarantees,
Trust Receipts, Advance Payments and
Performance Bonds. |
|
| Cash Management |
| Telex Transfers |
: |
Telex transfers in both local and
foreign currencies. |
| Bank Drafts |
: |
Bank drafts made out for easier payments. |
| Check Warehousing |
: |
Warehousing of bulk checks which are automatically presented on the due date. |
| Daily Over Draft |
: |
Short-term temporary over draft offered to assist in dealing with unforeseen expenses. |
|
| Foreign Exchange (FX) |
| FX Services |
: |
Spot and forward transactions. |
|
| Value-Added Services** |
In todays competitive market, Commercial Bank look for market
intelligence needed to fulfill their goals. Commercial Bank has
initiated value-added services through a third party consultant
to help clients meet their business requirements. Amongst
other services, the consultant can provide: |
- Insurance (personal, commercial, property etc.)
- Logistics
- Enterprise Resource Planning (ERP)
- Internal Controls
- Risk Management, etc.
|
|
| Additional Facilities |
| Service Desk |
: |
Commercial Bank has a separate and specialized
team of highly experienced service desk
personnel catering to the everyday banking
needs of clients. The service desk operates
from Saturday to Thursday between
8 am to 5 pm. |
| Relationship Manager |
: |
Each Commercial Bank Customer has a
dedicated Relationship Manager
catering to their financial needs. |
| Remote Banking Channels |
: |
Internet Banking, Secure Fax Banking,
Debit Card & Phone Banking. |
|
| For more information, please call Commercial Bank on +971 4 604 4055 and +971 50 242 4499 between 8:00 a.m. - 4:00 p.m. Saturday - Thursday. |
|
|
|
|