NON-FUND BASED FACILITIES

NON-FUND BASED FACILITIES

Bank Guarantee (Non-Fund)

Bank Guarantees issued on behalf of customers for performance, bid bonds, advance payment, and financial guarantees in international trade.

Performance Guarantee

Guarantees satisfactory completion of contractual obligations.

Bid Bond

Guarantees that bidder will honor the bid if awarded the contract.

Advance Payment Guarantee

Protects buyer against non-delivery after advance payment.