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A Bank Guarantee (BG) is a Promise from a Bank or lending institution to cover a loss if a borrower defaults on a Loan, Note that a Bank Guarantee is not the same as a Letter of credit..
We have our Largest Portfolio with HSBC Bank Plc and Deutsche Bank AG London.
USD|EUR depending on the Clients preferred choice.
Maximum of 7-10 Banking Days depending on the Client.
Bank instruments are usually for (1) One year and (1) One day with option to roll over each year.
The minimum amount (Ten Million) 10.000.000.00 USD|EUR maximum amount (Five Billion) 5.000.000.000.00 USD|EUR, We issue sizeable amounts upon request.
Discover how to use bank instruments BG SBLC to fund commercial projects, business loans and trade finance.