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BANK GUARANTEE (BG) Give assurance to your trading partner with a BG issued by CIMB Bank. The Bank will pay your trading partner an agreed sum in the event that you default in the obligations that you and your trading partner agreed on.
- Quick Guarantee (QG)
Get your Bank Guarantee more quickly and easily with a...
- Guarantees@CIMB Fees & Charges
Call Us Now. You can reach us at 1300 888 828 (Local) or....
- Quick Guarantee (QG)
Get your Bank Guarantee more quickly and easily with a simplified version of our Bank Guarantee applications process. Apply with a single application form and get your Bank Guarantee issued against 100% cash (non-interest bearing), which will be directly debited from your account.
Bank Guarantee (BG) & Standby Letter of Credit (SBLC) A guarantee by the bank on your behalf, where the bank agrees to indemnify a third party should you fail to perform in accordance with the terms of a contract.
Bank Guarantee-i is an irrevocable written obligation issued under contract of Kafalah by the Bank to assure payment in case of demand by beneficiary. The Bank in essence, acts as a guarantor.
Issued in Ringgit Malaysia and major Foreign currency. Fixed expiry date and Fixed claim period. Fee collected upfront. Favouring beneficiaries acceptable to the Bank. Non-Bank standard format requires approval. Bank to honour claims within 24 hours upon receipt of valid claim. Apply Now >
Conduct business with ease through HSBC Malaysia bank guarantee and standby letters of credit. Secure favourable contracts while addressing your finance needs.
Call Us Now. You can reach us at 1300 888 828 (Local) or. +603 2297 3000 (Overseas). Discover the array of Guarantees@CIMB, along with its fees, charges and other important details. Visit the CIMB website for more information.
