Bank Guarantee is a written commitment letter issued by a bank, which assures that in the event of non-fulfillment of obligations by the applicant (Bidder/Contractor), a specified amount will be paid on demand to the beneficiary.

We offer

Bid Guarantees (Bid Securities). 
Performance Guarantees.
Advance Payment Guarantees.
Retention Guarantees.

Issuance Criteria

  • Application for Issuance of Bank Guarantee.
  • Copy of Contract or Bid Condition Letter from Beneficiary.
  • Copy of valid Business License.
  • Copy of Tazkira or valid Passport involved in Business License.
  • Copy of Articles of Association. (Asasnama).

Easily avail BMA's Bank Guarantees with simple Terms!

Bank Guarantees

Related Topics

Departments

Departments

SWIFT Services

SWIFT Services

SWIFT Services

SWIFT Services

SMS Banking

SMS Banking

Board of Supervisors

Board of Supervisors

Board of Management

Board of Management

Mudharaba Term Deposit Corporate Account

Mudharaba Term Deposit Corporate Account

Deposits and Accounts

Deposits and Accounts

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