The Bank of Credit and Commerce (BANDEC) has made new products available to its clients, among which the financing to natural persons for household goods and personal effects stands out.
To access the loan, applicants must demonstrate that they have legal income and a payment center in BANDEC; to have at least one bank account at this institution, preferably a network debit card, so there will be no cash, and where appropriate cashier’s checks will be issued.
The financing for workers in the state and non-state sector and retired people who charge by card or electronic payroll from BANDEC, may be associated with any of the existing savings products and in case the applicant does not have an account in CUP associated with a card, they would open an account of this modality.
The amount to be financed will be five thousand pesos and the minimum amount of the purchase operations will be one thousand CUP to be used only for payments in the establishments of the Retail Trade network (state and non-state), through point terminals sales or by QR code through the ENZONA and Transfermóvil platforms.
In establishments where household goods and personal effects are sold, which do not have the means for electronic channels, the client must request a pre-invoice from the seller to go to the branch that approved the loan, and request a cashier’s check.
No transfers can be made whose funds come from approved financing, while the availability will be extended for one year.
As in other applications for benefits, the amount will depend on the applicant’s ability to pay and his guarantors.
BANDEC has also provided three new savings products for individuals, self-employed workers and farmers, who must have regular fixed income, from which the monthly payments of their salaries, or other payments and income they receive, can be withheld.
It is an individual account that allows the designation of beneficiaries, adding or modifying this, and can be opened in person at branches or through payment channels, and withdrawals or transfers to accounts can be made.