A fixed advance is a form of simple short-term credit, whereby the bank provides the borrower with a fixed advance of a specified amount, over a specified period of time, and at a pre-agreed interest rate. Recovery is based on a repayment schedule negotiated with the bank. This advance can take the form of an investment loan.
Discounting allows you to obtain funds immediately after presenting the required documents to the bank. Upon discounting, the funds will be directly available in your account. The documents can be bills of exchange, invoices, promissory bills, etc. When the document is due, the bank will demand payment.
A credit facility that can be used on your current account,allowing you to go into negative credit on your current account, up to an agreed limit.
If you become aware of attempted corruption or suspicious unethical activity, please report the incident immediately to signalements@rawbank.cd.
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All reports must be made in good faith and will be treated confidentially.
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No form of retaliation will be tolerated against those who report ethical incidents.
