Bonds and Guarantees

Performance Bonds
Bonds and Guarantee are services that support your business by demonstrating your creditworthiness and ability to meet contractual obligations.
 

Features

  • Tenor is usually for one year or less.
  • Bonds and Guarantee are both multi-currency documents and can be for any amount.
  • Available as APG/Performance Bond, Bid Bond

Benefits

  • Allows flexibility on negotiating contract terms.
  • Funds can be used to support working capital requirements.

Bid Bonds

Bid Bonds are part of documentary requirements to obtaining contracts. We offer this service in a manner that gives competitive advantage against others

Advance Payment Guarantees
The Advanced Payment Guarantee serves as a guarantee to principal contract employers to enable our borrowing customers (Contractors, suppliers, developers, etc) secure release of an advanced payment of the contract value (in part or full) for execution of project / works accordingly to Technical specifications.

Bank Guarantees
Bonds and Guarantee are services that support your business by demonstrating your creditworthiness and ability to meet contractual obligations.

Custom Bond
This service is offered to service customers specific requirements of the port authorities and customs service.

Importation Bonds
Bonds issued to support imports and other requirements from the port.