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Bank Guarantees

Business Credit

Bank Guarantees

An irrevocable undertaking by the bank to pay a specified sum upon first written demand in case of contract breach.

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Product overview

Everything you need to know

Explore the features, benefits and important information for this banking solution.

01 Guarantee Types

Bid Guarantee
Advance Payment Guarantee
Performance Guarantee

02 Features

Customer creditworthiness assessed similarly to corporate overdrafts
Nature of the specific guarantee considered

03 Benefits

More economical than overdraft facilities
Enables participation in contracts requiring guarantees

04 Guarantee Terms

Minimum amount: N/A
Maximum amount: N/A
Tenure: As specified by the procuring entity

Customer using the PesaHakika mobile banking app

Secure mobile banking

PesaHakika

Usiwaze kuhusu saa za kazi!

PesaHakika App haifungi ofisi, masaa 24 tuko hewani.

Available 24/7 Safe and secure

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