Commercial Services

Letters of Credit

Ashur long banking experience has enabled us to be on top of the operating banks in Iraq in the field of supporting internal and external trade through providing the service of letters of credit. We have a dedicated team of qualified staff who are ready to advise you on importing and exporting operations related to your work in a professional way, to ensure safety of your imported goods and to make sure of complying goods with the specifications required. The bank provides direct business transactions for our clients through indirect credit services like letters of credit, where the bank executes all commercial activities through its wide international connections through the local and foreign correspondents networks.

Features of the Service

  • A specialized team and qualified staff to ensure customers' rights.
  • Competitive prices for issuing letters of credit.
  • Easy and fast procedures.
  • Distinctive Network of correspondent banks.

Beneficiaries

  • All major corporations and businesses regardless of their activities and fields of work.
  • All corporations and businesses operating in public or private sectors.
  • Stakeholders, entrepreneurs, businessmen and merchants.

Letters of Guarantee

Ashur International Bank for Investment facilitates the business and trade for its clients through issuing all kinds of Letters of Guarantee. The Credit Department at the Bank offers a wide range of diverse and inclusive Banking products and services including: Bidding Guarantees, Advance payment Guarantees, Project maintenance Guarantees, Customs Guarantees, Shipping Guarantees and Payment Guarantees.

Features of the Service

  1. competitive interest rates
  2. Fast and accurate performance
  3. Issuing all types of letters of Guarantee upon your needs
  4. Issuing international letters of Guarantee through our network of bank correspondents all over the world.

Beneficiaries

  • All major corporations and businesses regardless of their activities and fields of work.
  • All corporations and businesses operating in public or private sectors.
  • Stakeholders, entrepreneurs, businessmen and merchants.