With an economy that depends on agriculture, fishing, tourism and forestry POB offers a wide range of trade related products and services. Our trained and dedicated staff is ready to serve with all their expertise for trade related solutions.
Being the sole local Bank we are the foremost issuers of Bid Bonds, Performance Bonds, Advance Payments and Ordinary Credit Guarantees.
POB a relatively new Bank, correspondent banking relationships worldwide is growing from strength to strength with reputed international banks already on board and more in the pipeline.
Some of the products and services are as follows.
- Pre scrutinising of export documents and advising clients to ensure complying presentations
- 24/7 contactability for trade related matters
- Export LC advising and confirmation
- Pre-shipment and Post Shipment facilities for exporters including Packing Credit Loans, Bill purchases and Negotiations under Letters of Credit
- Handling Export Bills on Collections.
- Issuance of Import Letter of Credit
- Handling Import Bills on Collections.
- Structuring of Letters of Credit
- Standby Letter of Credit.
- Collection bills and Avalization
- Advance payments and Open Accounts
- Facilitating Entrepot Trade Business