The letter of guarantee serves to protect against claims arising from a business commitment or from other financial liabilities. 

Letters of guarantee can be issued to facilitate our clients’ businesses through providing the required assurance to meet their obligations such as: 

• Quality assurance through Performance Bonds.
• Participating in bids through Bid Bonds.
• Several types of temporary letters of guarantee required to accomplish the client’s business needs.
• Financial L/Gs to guarantee our clients against several liabilities.

When applying for a letter of guarantee, you need to provide the following: 

• Principal qualification documents.
• Valid certificates.
• Enterprise financial reports.
• Letter of guarantee related documents.
• L/G sample compliant with the bank’s requirement.

You also need to complete the L/G Application Form available at all our branches. 

By issuing a letter of guarantee, BKAW will provide you with credit support and assist you to implement various trade activities smoothly.