Treasury Services

Treasury Bills

Alternative investment option that ensure safety of capital and guaranteed interest on investments.

Features

  • This product is positioned to enable individuals, corporates and institutional investors the option to invest in high yielding asset options which are risk and tax free.

Benefits

  • This product offers investors attractive and competitive interest rates on investments.

  • Investments in Treasury bills are safe and risk free as the Central Bank of The Gambia guarantees and gives assurance of full redemption at maturity.

FIXED DEPOSITS

The product is designed to provide low risk investment option at market driven yields for bank's customers with excess funds.

Features

  • Investment made with the bank at a fixed interest rate and fixed maturity date.

Benefits

  • Secured investment as recourse is to the bank.

  • The investment can be used as collateral for a loan.

  • Guaranteed interest on Deposits.

Tenored Deposits

Access Bank invest your idle funds in high yielding tenored deposit with a maturity time frame of between 30-90 days. The tenored deposits are usually booked as BA (Banker’s Acceptance) investment and are used to fund the bank’s investment assets via Banker’s Acceptance and Commercial Papers.

Bonds and Guarantees

Performance Bonds

Bonds and Guarantee are services that support your business by demonstrating your creditworthiness and ability to meet contractual obligations.

Features

  • Tenor is usually for one year or less.

  • Bonds and Guarantee are both multi-currency documents and can be for any amount.

  • Available as APG/Performance Bond, Bid Bond

Benefits

  • Allows flexibility on negotiating contract terms

  • Funds can be used to support working capital requirements

Bid Bonds

Bid Bonds are part of documentary requirements to obtaining contracts. We offer this service in a manner that gives competitive advantage against others

Advance Payment Guarantees

The Advanced Payment Guarantee serves as a guarantee to principal contract employers to enable our borrowing customers (Contractors, suppliers, developers, etc) secure release of an advanced payment of the contract value (in part or full) for execution of project / works accordingly to Technical specifications.

Bank Guarantees

Bonds and Guarantee are services that support your business by demonstrating your creditworthiness and ability to meet contractual obligations.

Custom Bond

This service is offered to service customers specific requirements of the port authorities and customs service.

Importation Bonds

Bonds issued to support imports and other requirements from the port.