I need assurance to secure my business agreements

A Bank Guarantee is a bank- written undertaking that assures the beneficiary of payment or performance if the applicant fails to meet their contractual or financial obligations. It is a trusted trade finance solution that helps businesses manage risk, secure contracts, and build confidence in domestic and cross-border transactions.

It is a trusted trade instrument that helps businesses manage risk, secure contracts, and build confidence in both domestic and cross-border transactions.

Available Bank Guarantee Types

• Bid / Tender Guarantee
• Performance Guarantee
• Advance Payment Guarantee
• Warranty Guarantee
• Payment Guarantee
• Standby Letter of Credit (SBLC)

Benefits

• Enhances business credibility and trust
• Reduces counterparty and performance risk
• Supports participation in tenders and contractual commitments
• Preserves cash flow compared to cash deposits or advance payments
• Facilitates both local and international trade activities

Product Features

• Issued in accordance with internationally recognized standards (e.g. URDG 758)
• Available for both local and cross-border transactions
• Flexible guarantee amounts and tenors
• Issued in favor of local or overseas beneficiaries

Eligibility & Conditions

• Available to eligible corporate and individual customers with an active account maintained with the Bank
• Subject to credit approval and provision of required collateral or security
• Fees and charges apply based on guaranteed type, amount, and tenor
• All services are subject to the Bank’s prevailing terms, conditions, and applicable regulations