Overdrafts
An overdraft is an annual, renewable credit limited loaded on to your current account to enable you manage your working capital requirements.
Loans
Terms loans repayable in fixed periodic instalments over periods of up to 5 years are availed to clients seeking to finance specific projects or capital expenditures.
For clients in receipt of foreign currency earnings, loans in foreign currency are also available >> Read more
Asset Finance
A wide range of asset financing products is available through our subsidiary company, The Leasing and Finance Company of Malawi Limited. >> Read more
Letters of Credit
The bank will establish letters of credit on behalf of importers to guarantee payment to their overseas suppliers if goods supplied conform fully to the conditions of the letter of credit.
Bill Discounting
Subject to appraisal of the credit worthiness of the drawer of the bill, the bank will discount bills drawn in favour of customers who can immediately avail funds equivalent to the discounted value of the bill with the face value of the bill accruing to the bank.
Bonds and Guarantees
The bank provides its customers with a variety of bonds and guarantees in favour of third parties including bid and performance bonds, supplier guarantees and customs duty guarantees.
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