Bank guarantee issuance
Customers, who participate in international business relations, are often required to provide a bank guarantee. We offer you a bank guarantee along with other financing options.
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If your company
- Has concluded a sales/purchase agreement with a foreign partner and agreed to secure a payment by Bank guarantee (Tender guarantee, Payment guarantee, Advance payment guarantee, Performance guarantee, other types)
- Is participating in a variety of business projects with foreign counter partners
Payment sources
- Covered Guarantee – is paid using customer’s cash margin, placed with the bank before issuance of a bank guarantee
- Uncovered Guarantee – is paid under bank credit approval
Scheme of bank guarantee issuance
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Outward direct/indirect guarantee charges and fees
- Issuance – 0.2% / 150 USD – 350 USD/
Additional service charges (requested by customer)
- Increase of guarantee amount-0.15% /50 USD – 150 USD/
- Amendment in guarantee terms and conditions-50 USD
- Cancellation-60 USD
- SWIFT Inquiry-30 USD
- Courier charge of dispatching documents-as per DHL charge
In issuance of uncovered guarantee, the risk management fee and guarantee interest will be added.
- A bank application form PDF download
- Agreements and contracts
- In case of uncovered guarantee, the loan origination documents will be required
Contact:
- Address: Head office of Golomt Bank, Trade and structured finance department
- Phone number: 7575 1111 /1554, 1380/
- Email: tf@golomtbank.com
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