BANK GUARANTEE

A Bank guarantee (BG) is a promise from a bank/NBSC that the liabilities of a debtor will be met in the event that you fail to fulfill your contractual obligations. With a BG, assets are safe and secured & only waged if the other party in the contract fulfills the designated words agreed upon.

Types of Bank Guarantee
• Performance Guarantee
• Bid Bond Guarantee
• Financial Guarantee
• Advance Payment Guarantee
• Shipping Guarantee
• Payment Guarantee