As compared to a savings account, a Certificate of Deposit offers the following advantages:
The issuance of Letters of Credit.
The issuance of Letters of Guarantee.
Trade Finance Services.
International Payment & Collections.
Confirmation of Letters of Credit, with financing up to 180 days to 360 days.
Correspondent Banking Services.
Forfeiting services.
Market information.
These services are provided through:
Bank of Beirut s.a.l., Beirut, Lebanon.
Bank of Beirut (UK) Ltd., London, England.
Bank of Beirut s.a.l., Limassol, Cyprus.
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