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 Balance

Bid Bond Guarantee

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