Details:

- IVB undertakes in writing to the beneficiary to perform financial obligations on behalf of the applicant when not performing or performing partly the committed obligations under the letter of guarantee.

- IVB provides diversified guarantee types:

• Bid Bond
• Performance Bond
• Advance Payment Guarantee
• Payment Guarantee
• Warranty Guarantee
• Guarantee for the project developer of project financed by IVB: IVB fulfill financial obligations on behalf of project developer in case of late house delivery to buyer/lessor

Benefits:

- Increase credibility with partners

- Simplifying and fast process

- Competitive service fee

- Easily looked up with online searching function

Documents:

- Legal document of corporate

- Financial document

- Collateral document (if any)