The Bank Guarantee (BG) facility is available to facilitate the issuance of bonds for overseas contract undertaken by Malaysian contractors and also to enable Malaysian investors to raise funds overseas.
To facilitate bond and guarantee issuance requirements including Tender/Bid Bond, Performance Bond, Advance Payment Bond, Standby Letter of Credit (SBLC), etc.
Companies incorporated under Companies Act 1965. The guarantee must be for overseas contracts or investment. Detailed information can be referred to Product Disclosure Sheet
Up to a maximum of 3.0% per annum.
Up to the requirement of the contract or funding requirement of the investment project.
Ringgit Malaysia, United States Dollars, Euro and other acceptable currency.
Any but not limited to the following:
- Cash Collateral
- Corporate Guarantee
- Shareholders/Directors Guarantee
- Assignment of relevant contracts agreements and insurance policies