Collateralized Facilities
Banco Pichincha Miami offers credit facilities granted against cash collateral through loan Back To Back (Cash Collateral) with a time deposit in our bank or a Standby letter of credit issued by another financial institution.
- Competitive rates lower than the market.
- Fast disbursements.
- A time deposit established at Banco Pichincha Miami.
- Standby Letter of Credit issued by another financial institution to the order of Banco Pichincha Miami.
- Line of Credit of up to 90 % of the deposit or Standby if the depositor and beneficiary are the same.
- Line of Credit of up to 80 % of the deposit or Standby if the beneficiary is a third party.
- Competitive spreads.
