To apply for a 100% Cash Margin bank guarantee, follow these steps:
Step 1: Login to iBusiness >> "Services" >> "Digital Documentation" >> "Guarantee Issuance with 100% Cash Margin"
Step 2: Download & Fill the Form under Digital Documentation
- Please download the PDF File
- Fill out all the fields in the form. Please note the form should be filled out on your PC
- Print a copy of the form and obtain a wet signature from one of your authorized signatory
Step 3: Upload the Filled & Signed Form
Select Service as "Guarantee Issuance with 100% Cash Margin"
Fill the Description with any relevant details
Upload the Completed Application Form
Accept Terms & Conditions
Select "Initiate"
Select "Confirm"
Enter your Pin & Token Number
Step 4: Approver / Admin Authorization
Request your Approver / Admin to login to iBusiness
Navigate to "Queue" >> "Pending Company Approval" or "Pending Authorization"
Review and Authorize the Transaction
Enter your Pin & Token Number
Step 5: Monitoring the Status of the Transaction
You may monitor the status of your transaction in the iBusiness Queue Module by following the steps in the below guide: