Description
Bank Guarantee as an undertaking at the request of its principal, in favor of your counter party (Beneficiary). With our services, your counter party, as Beneficiary, will receive a specific amount of money, in case of non-performance or default. Therefore, Bank Guarantee in one hand can increase your company’s image, and on the other hand can minimize Beneficiary’s loss due to default
Features
Tenor : Less than 1 year
Currency : IDR, USD, EUR
Collateral : Cash Collateral, fixed or non fixed assets
Other Requirement : Personal or Corporate Guarantee (optional)
Risk
Claim to Bank from beneficiary on the issued
Bank Guarantee when obligations are not properly meet the requirements
Benefits
Eliminate the risk of non delivery goods or services that is arrange in the agreement.
Simulation
Amount of Bank Guarantee : USD 25,000
Issuing Fee
2% USD 25,000 = USD 500 daily rate counter bank sell TT or min equivalent IDR 250,000
Further Information
Contact Us
Financial Institution Department
Head Office – Jakarta
PT Bank CTBC Indonesia
Tamara Center 17th Floor
Jl. Jend Sudirman Kav. 24
Jakarta 12920
Telp No. (62-21) 2557 8787 (Hunting)
Ext No. 8751, 8719, 8795, 8750, 8672
Fax No. (62-21) 520 6767
