Contractor Guarantee

A Bank Guarantee is a promise from a bank that the liabilities of a debtor will be met in the event that you fail to fulfill your contractual obligations. In an increasingly challenging business environment, a Bank Guarantee is an effective way of securing performance and payment. A company is often required to submit a Bank Guarantee while entering into a large-scale business transaction or carrying out a high-value project or receiving advance payment for working on a project. We provide world-class Bank Guarantee services for both domestic as well as international markets and in this way also assure your clients of your strong commitment. Some of the variants of Bank Guarantees offered by our institutions without collateral include:

• Performance Guarantees
• Financial Guarantees
• Bid Bond Guarantees
• Advance Payment Guarantees
• Deferred Payment Guarantees
• Standby Letter of Credit