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International Banking Standards
No. Prominence Bank does not initiate or participate in phone calls or Zoom meetings regarding KTT (Key Tested Telex) transfers. This policy ensures the highest levels of security, prevents potential fraud, and maintains a clear, auditable communication trail. If the sending bank requires verification or formal coordination, they must submit their request via official KTT...
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Issuing an SBLC involves submitting an application along with the necessary documentation, including details of the transaction, parties involved, and the collateral offered. Once approved, the SBLC is issued to the designated beneficiary through secure banking channels.
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Prominence Bank prioritizes security and ensures all transactions are conducted through encrypted systems and verified processes. Our protocols align with international banking standards to protect client information and funds.
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