BLC Bank

Letters of Guarantee

• Description

  Maximum Amount

  Value Proposition

  Reasons for Rejection

  Types of LG
• • • Letters of Guarantee from BLC Bank help your business support its performance capability and financial integrity with clients and suppliers.

    • Assessed on a case by case basis

    • • Consultancy Services provided by our trade finance team
      • Legal aspects of any operation meticulously covered by our trade finance team

    • Internal assessment of the Bank

    • • Performance Bonds: guarantee that bidders meet all contract requirements and perform to an optimum standard.
      • Payment Guarantees: designed specifically to ensure payment obligations are met.
      • Advance Payment Guarantees: Guarantees that the amount paid in advance will be repaid by the bank in case the contractor fails to meet his contractual obligations
      • Retention Bonds: Ensures the contractor with the cash needed in exchange of a retention bond
      • Payment Guarantees: Guarantees different payment obligations
      • Shipping Guarantees: Allows importer to release goods from port in absence of relative transport documents.
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