Documentary credits
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Export Letters of Credit:
Advice / confirm / Amend / Pay letters of credit related to export activity.
Processing transferrable L/Cs and Back-to-Back L/Cs.
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Import Letters of Credit:
Issue / Amend / Pay letters of credit related to import activity.
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Standby Letters of Credit:
Issue / Advise / Amend Standby L/Cs related to import and export activities.
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Discounting Import and Export L/Cs
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Acting as a Reimbursing Bank, and Issue Irrevocable Reimbursement Undertakings.
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Advise/process assignment of proceeds request under letter of credits.
Bank guarantees
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Issue/Amend all kinds of local bank guarantees ( Bid, Performance, Advance payment, Retention, Maintenance, Customs, Payment and shipping guarantees ).
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Issue/Amend all kind of bank guarantees in favor of beneficiaries outside Jordan.
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Issue/Amend all kind of bank guarantees against counter guarantees received from correspondent banks.
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Advise/amend bank guarantees without any responsibility received from correspondent banks around the world.
Bills for Collection:
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Collection of bills related to export activities.
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Collection of bills related to import activities (in addition to avalisation).
Note: All of the above terms and conditions are subject to CAB’s Credit Facilities policies.