This product provides support to accredited Travel agents of IATA in the form of BGs to guarantee payments to IATA for all airline tickets sold on their behalf under the Billing and Settlement Plan (BSP) as well as Temporary working capital requirements n
Facility Limit: Up to 50% of annual turnover in the immediate 12 months, subject to an upper limit of N500million. Back up Overdraft shall be a maximum of 30% of the BG. Facility type: Overdraft Maximum tenor: 365 days Collateral: Legal Mortgage on p
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