Travel

Agencies

 


 

Travel Agencies

Travel agencies have distinct financing needs that require specially tailored products and services. This segment of the Business Banking Division provides travel agents with a product that is flexible and satisfies the specific credit needs of the sector.

 

Offerings

  • Guarantees - Issued on behalf of travel agents for International Air Transport Association (IATA) accreditation and for procurement of Airline tickets for sale
  • Bridge Financing - Available in the form of short tenured overdrafts to facilitate timely remittance to the airlines through IATA payments