Bank Guarantees

 

Bank Guarantees enable our business customers to demonstrate their financial credibility and build relationships with new trading partners. As the issuing bank, we agree to pay an agreed sum if the principal party fails to fulfil their contractual obligations. By protecting buyers and/or suppliers from losses associated with underperformance or failure of a third party, we mitigate the risk of doing business, and promote greater trade and collaboration between domestic companies.


We offer a range of Bank Guarantees to cover all kinds of deals and trading arrangements, including: Tender/Bid Guarantee, Performance Guarantee, Advance Payment Guarantee, Payment Guarantee, Retention Guarantee and Customs Guarantee.