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How to Apply for a Bank Guarantee? Print

To apply for a bank guarantee, follow these steps:

Step 1: Click on  "Trade Services" >> "Outward Guarantee" >> "Guarantee Initiation”

Step 2: Select the applicable option

  • Scratch – Create a new bank guarantee request (recommended to customers applying for the first time)
  • Bank Template – Create a guarantee request from the bank standard template
  • Template – Create a guarantee request from an existing template
  • Copy from Existing Guarantee – Create a guarantee from an existing guarantee
  • Draft Transactions – Review and edit the guarantee request between you or other users from your company who have already created and saved but not submitted a request 

Step 3: Fill out the Guarantee Application Form

  • Fill out all mandatory details marked with an asterisk

  • Attach any other relevant information required

  • If you want to save this form as a template to submit later, select "Save as Template

  • If there are any extra instruction or details regarding this guarantee application, please enter this in the “other information” 

  • Click "Submit"

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