As part of our commitment to serve our customers the Bank of Marshalls has extended its reach to customers living as far as the United States. With our new service extensions you can now apply for a loan or make payments from almost anywhere. So now you do not have to worry about making ends meet.
This Special Power of Attorney allows you to appoint someone on island to act on your behalf in making your loan. It's simple, easy to execute, and it will make your life easier. Available in both Marshallese and English languages.
ACH stands for Automated Clearing House. What does this mean? It is basically a scheme utilized by banks and other institutions to accept loan payments and other types of payments from customers overseas, through their employers. With this in place now at Bank of Marshalls, there's no longer a barrier preventing our overseas customers to apply for a loan or make loan payments. Simply download a copy of the form and fill it out with your employer and send it to us.
This is similar to the regular guarantor form except it is designed for customers who wish to take out a loan against their MISSA Retiree Benefit funds, as it is required by Bank of Marshalls that at least one of the borrower's guarantors is the beneficiary.