Any company or contractor winning a tender for any project implementation, must provide a Letter of Guarantee equal to the total project cost from one of the Public Sector Commercial Banks. This can be done through depositing cash or in kind guarantee.
Banks
Any company would like to open a bank account at one of the Governmental Commercial Banks is eligible to open an account and obtain cheque books in order to deposit or withdraw funds.
Any individual is eligible to open a personal account at one of the Governmental Commercial Banks and can obtain cheque books in order to deposit or withdraw funds.