The guarantee facilities are available to facilitate the issuance of bonds for overseas contract undertaken by Malaysian contractors and also to enable Malaysian investors to raise funds in overseas.
Terms and Conditions
Purpose
To facilitate bond and guarantee issuance requirements including Tender/Bid Bond, Performance Bond, Advance Payment Bond, Standby Letter of Credit (SBLC), etc
Eligibility
Against overseas contracts only or investments.
Tenor / Period of Guarantee
Up to the requirement of the contract or funding requirement of investment project.
Commission
Up to a maximum of 3.0 % p.a.
Security
Any or not limited to the following: -
Corporate Guarantee
Shareholders and / or Directors Guarantee
Cash margin
Assignment of relevant contracts, agreements and insurance policies
Note: The terms and conditions stated above are subject to review from time to time.
