Details:

Types of bank guarantee not prohibited by law and are consistent with international rules, issued by IVB at the request of customer

• Counter Guarantee: IVB’s commitment to financial obligations to the guarantors in case the guarantors have to pay on behalf of their customer (The Principal).
• Guarantee confirmation: IVB’s commitment on the ability to perform the obligations of the guarantor to the beneficiary

Benefits:

- Guarantee obligations by a reputable bank.

- Be consulted about procedures, the types and methods of guarantee to match with customers’ needs

- Simplifying and fast process

- Competitive service fee

Documents:

- Legal document of corporate

- Financial document

- Collateral document (if any)