Bank Guarantee

  • Close deal with assurance

Description

The Bank provides your beneficiary with a payment undertaking from UOB (guarantor) by issuing them a banker’s guarantee. UOB will pay your beneficiary upon receipt of a demand under the banker’s guarantee.

Benefit

  • Assure your beneficiaries of payment undertaking from UOB.

Applicant Requirement

  • Corporate customer
  • Customer must have savings, current, foreign currency deposit account and must have Trade Finance Facilities with UOB.

Rates & Fees

  • Subject to arrangement

Contact

Corporate Trade Service 0-2487-2999

Note: Any services which require credit facility(ies), credit approval must be granted first.