Letters of Guarantee

Banque de Crédit National issues Letters of Guarantee on behalf of its clients to bolster their financial integrity. The letters are considered an irrevocable payment commitment by the Bank to the beneficiary of the contract, if certain conditions are met.

Our Trade Finance team are ready to advise you on the following types of Letters of Guarantee:

• Bid Bonds
• Performance Bonds
• Payment Guarantees
• Advance Payment Guarantees
• Retention Bonds
• Shipping Guarantees