Yelo Bank continues to develop digital services for businesses, making banking services even more convenient and accessible. Now, legal entities and individual entrepreneurs can obtain a tender guarantee through the Yelo Internet Banking platform fully online — without providing collateral.
Previously, the need to provide collateral when participating in tenders meant additional time costs and bureaucratic procedures for entrepreneurs. Yelo Bank's new solution removes this barrier: clients can obtain a tender guarantee of up to 5,000 manats without property valuation or collateral.
The entire process — from submitting an application to receiving the ready tender guarantee — takes place digitally via Yelo Internet Banking. Entrepreneurs can also independently choose the validity period of the guarantee in accordance with the terms of a specific tender.
Entrepreneurs who do not yet have a business account with Yelo Bank can also use the service. To do this, it is enough to open a digital business account in Yelo Internet Banking in a few minutes and immediately submit an application for a collateral-free tender guarantee.
More about the service and application: https://ylb.az/ibank