Category: Personal Banking

Our Range of Trade Finance Products include:

• Import letters of credit

This is a written undertaking by the Bank at the request of its customer, in which the bank is obligated to pay the supplier (beneficiary) up to a stated amount within a prescribed time frame, upon presentation of documents that conform to ALL the terms and conditions requested by the applicant.

• Export Letters of credit

Advising of an LC issued by the importer’s bank in favor of our customer locally at the request of its customer (the buyer) in favor of the seller where the issuing bank undertakes to pay.

• Back to back Letters of credit
• Transferrable Letters of credit

This is a written, irreversible guarantee from us, assuring the beneficiary of payment in the case that our customer doesn’t fulfill their contractual obligation.

These cover;

• Bid Bonds
• Performance Bonds
• Advance payment guarantees
• Credit guarantees
• Financial guarantees

• Pre-Shipment Financing
• working capital finance prior to shipment or delivery of goods.
• Post Import financing
• Negotiation

The bank confirms that the customer will honor a certain future payment by signing on a bill of exchange on behalf of its customer.

Receiving Import & Export documents on behalf of our customers.

We recognize that protecting your dream can bring with it a hefty premium and that is why we mitigate your risk exposure through our insurance premium funding. You can’t afford to leave your valuable equipment or premises unprotected due to cash flow issues. Insurance premium funding lets you break down those large sums into affordable payments, giving you the insurance protection and the cash flow you need.

• Lending to persons or companies to cover the cost of an insurance premium.
• Competitive interest rates.
• Post-dated cheques held as security.

For more details, please contact our Relationship Managers at any of our branches.

We recognize that you have a desire for a better future and that is why we pave the way for you to maximize your earnings through our fixed or call deposits, enabling you to accomplish your dreams and secure your future.

Fixed Deposits

Fixed/Term deposits are deposit services where clients can deposit money with the bank at a fixed term for an agreed contractual interest rate. The service is offered in various currencies i.e. KES, USD, GBP, and EUR

Call Deposits 

Call deposits are deposits where clients can place a deposit with the bank at agreed contractual rates, however, the customers can draw the deposits/funds without having to wait for the maturity period.

• Competitive interest rates
• Can be opened in foreign currencies i.e. USD, GBP, and EUR

For more details, please contact our Relationship Managers at any of our branches.

Opportunity favors the bold and that is why we are focused to help you seize the moment through our Asset backed finance solutions. Whichever asset you desire to own, we have you covered.

• For purchase of machineries, equipment, vehicles etc.
• Financing of Assets not exceeding 6 years old.
• Repayment starts one month after disbursement.
• Asset purchased held as security.

For more details, please contact our Relationship Managers at any of our branches.

Whether you’re moving to a larger office or buying equipment, we will help unlock your growth potential with our assorted loan options and credit facilities.

We offer Overdraft facilities designed to meet your working capital requirements in form of fluctuating limits renewable yearly.

• Loan repayments are up-to 6 years.
• The Bank charges commitment fees of 1-2% charged per annum
• Acceptable securities to be offered by the clients

For more details, please contact our Relationship Managers at any of our branches.

At M-Oriental Bank, we understand the market you operate in and we will help you grow by providing tailored solutions for the various stages of business you are in, through our personal current accounts attainable in major currencies (KES, USD, EUR, GBP)

• Opening balance Kes.1,000/=
• Cheque book as per tariff
• Free monthly statements
• Ledger Fee charges as per tariff guide

For more details, please contact our Relationship Managers at any of our branches.

You don’t have to miss out on the opportunities to invest in shares. We provide innovative funding solutions for the acquisition of listed shares at the Nairobi Stock Exchange at 3 times the balance on your share finance account.

• Minimum balance for Share Financing Savings Account Kshs. 10,000/=
• The bigger the savings, the bigger the size of loan one qualifies for.

For more details, please contact our Relationship Managers at any of our branches.

There are so many good reasons to save; A new home, a college fund for your child, or even a safety net for unexpected ‘rainy days’. That’s why our savings accounts are tailored to provide you with simplicity and convenience for all your needs.

• Minimum balance for normal Savings Account KShs.500/=
• Attractive Interest rates
• No minimum number of withdrawals in a month.
• No account maintenance fee
• Interest credited monthly on minimum balance.

For more details, please contact our Relationship Managers at any of our branches.