Bill Discounted Service
Bill Discounted Service is provided to increase short-term liquidity. Customers sell their undue bond or cheque to the bank in order to change to cash. It is comfortably and quickly. The bank will buy 80% of bill discount value.
- • Can be changed to cash easily and quickly.
- • Source working capital.
- • Can increase short-term business liquidity in a rush hour.
- • Receive money in advance according to the amount of bill discount provided by partners in case that payment is not yet due.
- • Only repeat customers with good repayment background activate their JDB deposit will be preferable. The bank will consider to provide credit card limit that does not exceed loan repaid.
- • Only new customers who apply for a loan will be considered to provide loan with credit card limit using the same collateral.
- • Fees are set as declared by JDB.
For more information:
Please contact Business Credit Division, Tel: 021-215595, Fax: 021-223431.