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LETTERS OF GUARANTEE

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LETTERS OF GUARANTEE

In general, a Letter of Guarantee (LG) is a type of contract issued by a bank on behalf of a customer who has entered a contract to purchase goods from a supplier and promises to meet any financial obligations to the supplier in the event of default.

Features:

  • Available for multiple purposes,
    • Bid Bond (projects)
    • Performance Bond
    • Advance Payment Guarantee
    • Others
  • Terms determined on a case-by-case basis.

How to Apply:

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For more information, please call +973 17 214433