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AJIB offers various types of bank guarantees to help customers conduct their business activities and fulfil contractual obligations.
Issued Letters of Credit: AJIB provides documentary credit issuance services to customers whose business activities require secure payment methods. Documentary credits are among the most secure instruments used in international trade and protect the rights of both exporters and importers.
Incoming Letters of Credit: AJIB receives incoming documentary credits for customers exporting goods and services outside Jordan. This helps exporters execute transactions and reduce counterparty risk. Subject to special terms and conditions, such credits may also be discounted.
AJIB provides documentary and clean collection services to importers and exporters and follows up on the collection of amounts due from commercial counterparties.