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Letter of Guarantees

Letter of Guarantees

Bank provides Letter of Guarantee for bidding or making contracts.

Overview

The bank provides Letter of Guarantee or electronic Letter of Guarantee (e-LG) for bidding or making contract with beneficiaries who are Government,
State Enterprise or Private Company. The bank will pay the beneficiary upon receipt of a demand under the letter of guarantee.

Benefits

Use L/G as collateral

Instead of other securities e.g. cash, bond.

Increase trust and confidence

In terms of making business deals.

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you may call Corporate Care Centre.

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