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Standby Letters of Credit

A Standby Letter of Credit acts as a secondary payment method, typically used in case of buyer default. It ensures the seller or service provider receives payment, especially in performance-related contracts.

Other Types of Account/Services at MauBank

Collections

Simplify your receivables through Documentary Collections, where MauBank manages the exchange of shipping and payment documents between parties. Th...

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Collections
Import Financing

Access short-term import loans to pay overseas suppliers and manage cash flow efficiently. Typically available for 90 days, this facility covers:

  • Documentary Credits
  • Documentary Collections
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Import Financing