In order to secure any type of guarantee, applicants need to have the relevant fees readily available. NO guarantee can be issued first and then paid for after it has been issued. All guarantees MUST be paid for, BEFORE being issued.
Fees differ for each guarantee solution. Please submit an online enquiry form by carefully selecting the solution that best fits your needs and one of our specialist Service Providers will make contact with you to provide advice, quotes and information.
If you see more than one potential solution offered, please submit an additional application form, for each solution that applies to your circumstances.
If no response received within 2 working days, it is highly likely that they cannot assist you. If we do have an alternative solution, we will let you know. If we do not contact you, then we are unfortunately unable to assist further.
When you are required to issue bonds / guarantees to protect the interests of your clients, our service provider can provide cost effective performance bonds fast.
Guarantee that an advance payment will be returned if the agreement under which the advance was made cannot be fulfilled.
Need to issue a guarantee to a supplier or credit provider. Have an approved line of credit but the credit provider requires more security. Make use of credit enhancement bank guarantees, issued from top world banks
When tendering, security provided by a supplier that they will enter into the contract under the terms in which they submitted the tender.
Issued to guarantee the contractor’s performance undertaken in terms of the construction contract.
Issued by an importer, promising to pay the necessary import taxes and comply with the rules for importing goods.
If your bank will not issue LC’s due to a limit on your credit facility or if you are needing to enter into a large transaction, there are banks and private funders that will, for a fee, issue LC’s to assist in facilitating your trade.
Demand guarantee to provide protection against non-performance or late performance
Issued to guarantee performance and completion of a project by a contractor.
Guarantee that the contractor will continue to carry out its contractual obligations in the event that full payment is made to the contractor in advance.
If you need a SBLC to facilitate a trade or transaction, then and MT 760 can assist to enable the trade to proceed.
- Contractors All Risk
- Contractors Public Liability
- Plant Risk
- Commercial Insurance
- Letters of Intent
- Transport Cover