Commercial Discounted Bills
Get cash in advance at a discounted value
Jordan Ahli Bank offers you the option to avail the liquidity you need for your commercial activities with Commercial Discounted Bills.
Competitive interest and commission rates with prompt high quality service.
Commercial Discounted Bills Explained
Provision of cash through commercial discounted bills entails the holder transferring (by endorsement) a bill of exchange to Jordan Ahli Bank in order to receive cash before the due date, with interest and commission fees deducted in advance. The payment is settled when the bill matures.
Uses of Commercial Discounted Bills
Commercial bills of exchange are used all the time in business deals and can enable their carrier to use them as discounted bills to avail cash in advance at a discounted value.