Medilife is the most affordable Medical and Life Insurance cover that gives you access to quality medical services across the country as well as life cover in case of uncertainties such as incapacitation, loss of a job etc.
At only Ugx 59,000/- per month you can access quality medical care at over 244 medical centers across the country, get over 35,000,000/- in medical cover, 10,000,000/- for incapacitation due to injury and 1,500,000/- for 3 months if you lose your job.
Features and benefits: –
- Flexible premium payment plans i.e. monthly, quarterly, half-yearly and annually.
- No restriction on the dependents including spouse, children and Extended family i.e. Mother, Father, Brother, Sister, friends etc.
- Access quality medical care at over 244 medical centers across the country.
- Get over Ugx. 35,000,000/- in medical cover.
- Get Ugx 10,000,000/- in case of incapacitation due to injury.
- Get Ugx. 1,500,000/- for 3 months in case you lose your job.
Orient Bank Uganda has a fast and efficient treasury operation with professionals backed up by the latest technology, able to deliver tailor made solutions to address your specific needs.
OBL’s treasury helps to manage your risk in the currency and interest rate markets as well as providing solutions to reduce volatility of earnings, protect benchmarks and help you select strategies that are consistent with your objectives whilst managing a balance between Risk and Reward.
We offer a variety of Money market products, such as conventional deposits and investment investments in Government Securities.
One of the strengths of OBL Treasury is to provide competitive exchange rates on tap. Dealing with OBL enables you to be up to date with the foreign exchange international and regional market via OBL Treasury Bulletin through daily e-mail, which gives you a detailed analysis of the financial on goings in the market and helps to take an informed decision at the right time.
Our Forex Products include;
Foreign Exchange Spot Transactions
This product enables you to buy or to sell local, regional and international foreign currencies at competitive market rates.
Forward Foreign Contracts
This contract enables you to buy/sell currencies at a pre-determined rate for delivery at a specified future date. This helps you to hedge against any currency volatility and safeguard against losses. They can also be customized to allow timing flexibility.
Currency Swap Agreements
This agreement enables the client to tide over temporary mismatches in offsetting currencies. You may also use swap provisions to dictate payment if market rates move beyond a certain level.
Dedicated Treasury Lines:
Convenient way by which the Bank customers pay off their bills and obligations through issue of standing instructions to automatically debit their accounts for credit of another account(s) with a specified amount on a specific date for a specified period.
The Bank provides a service of safe custody of valuables such as Land titles, Agreements, Precious metal ornaments Receipts, Academic certificates, transcripts e.t.c.
Documentary collection refers to the collection of a sum of money from the buyer at a specific period of time in return for documents and with the help of the bank. This type of payment is widely used in international trading of goods and services, and it is regulated by the rule of the International Chamber of Commerce, governed by URC 522.