BANK GUARANTEE (LOCAL & FOREIGN)

MOB bank provides two types of guarantee as below:

  • Performance Guarantee
  • Bid Bond Guarantee

Guarantee Issuing/ Confirmation Commission 0.25% of Guarantee Amount per 3Months with SWIFT Charges (USD/EUR/SGD -3/-) (Min USD/EUR/SGD – 50/-)

Required Documents

Performance Guarantee

  • Application Form with Company Letter Head
  • Contract
  • Sufficient Bank Guarantee

Bid Bond Guarantee

  • Application Form with Company Letter Head
  • Invitation to Tender
  • Sufficient Bank Balance