Monday, 29 April 2013
Al Rajhi Bank - Bank Guarantee One to One
A Bank Guarantee-i serves as a surety by Al Rajhi Bank who agrees to be responsible for the financial obligation of the applicant. It is a guarantee issued on behalf of your company to a third party to facilitate your usage of products or services, or to secure contracts. Should the applicant be unable to fulfill his part of the contract or incur loss or damage, a Bank Guarantee-i is an irrevocable confirmation to the beneficiary (third party) that he will still receive the sum of money upon demand. With this facility, your are able to enhance your company's cash flow and reduce transaction risk.
Profile of your company, management team and board of directors
Certified true copy of M&A, form 49 & 24
And any other supporting documents required by the bank
*terms and conditions apply.
Posted by Ricky at 18:55