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Bank Guarantee
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There are some common commercial or statutory requirements including:
- Bid Bond (Tender Bond)
- Performance Bond/Guarantee
- Advance Payment Guarantee
- Bank Guarantee for Warranty Obligation/Retention Bonds
- Payment Guarantee
| Bank Guarantee | |
|---|---|
| 1. Issuance Commission | 0.11% p.m (min.$50.00) |
| 2. Claim Fee | $50.00 |
| 3. Amendment (Amount / Expiry Date) | 0.11% p.m (min.$30.00) |
| 4. Amendment Other | $30.00 |
| 5. Cancellation BG | Waive |