Additional Services
Guarantees
advance payment bond
Issued to a beneficiary as a guarantee, at the request of the supplier should the latter misuse the advance payment granted to him to begin the work according to the contract.bill of exchange
A document containing an instruction to a third party to pay a stated sum of money at a designated future date, which can be endorsed by the bank, hence serving as a guarantee for the beneficiary.immigration bond
An Immigration Bond is an undertaking issued by a bank on behalf of a customer, providing guarantee that all the expenses of an expatriate will be met should the expatriate have to leave the country.performance bond
Issued to a beneficiary as a guarantee, at the request of the supplier in case the terms and conditions of the contract are not observed.retention money bond
Issued to a beneficiary as a guarantee, at the request of the supplier in the event of the contractor's refusal to remedy any defects/alterations after receiving full final payment on completion of the contract and before the end of the maintenance period.tender bond
Issued to a beneficiary as a guarantee, at the request of an eventual tenderer who offers by tender to enter into a contract.Night Safe Deposit Facilities
Lodgment services are available after banking hours to our customers. Each company receives one or more wallets with a specific identification number. The Night Safe Service is currently available at the MCB Main Branch (Caravelle House) and the MCB Providence Branch.
Internet Banking
The Internet Banking gives 24h/7 access to a wide range of services and facilities. These services are accessible by means of a User ID and Password.
Two options are available:
1. View Only
Two options are available:
1. View Only
- Viewing of account details (Information)
- Download statements (Excel Formats)
- Printing of statements
- Ordering of Cheque Books
- Transfer of funds to account in same name