| GUARANTEES | Back |
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Account opening forms. After filling in the
forms please present them physically at your nearest CRDB Branch.
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The bank makes on your behalf assurance of payments to a third party. You therefore can pay later for goods or services (shipping bonds). If you are a contractor the bank will give assurance that you are capable of supplying the service for which you are tendering (performance bond). The Bank also makes assurances against a customer's security or collateral counter indemnity, all at a commission. BENEFITS · Speedy processing by CRDB Bank will give you ample and precious time for other pressing issues. For instance you will have ample time to correctly plan for your fund flows thereby generating more profits. · At a reasonable commission of not more than 1% you minimize the costs of bank charges and hence save more. |
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