Receive up to Ushs.500m worth of unsecured bid bonds in only 24 hours or less 

NCBA Bank Uganda recently launched the 500million unsecured bid bond offer to the public where customers would need to open up accounts and run them for three months in order to qualify for this service. However, for the UNABSEC members, new account holders will immediately have access to the unsecured bid bonds.

In addition, a member who opens an account and qualifies for a credit facility will have the opportunity to request for an additional unsecured limit under the NCBA Reverse Factoring/Supplier Financing Product. The limit and tenor for this product will be based on supplier spend and credit terms with the suppliers. Maximum tenor shall be 180 days.