Performance Guarantee

Finance Guarantee

Types of Banker’s Guarantees available

Including:

• Payment Guarantee

• Bid/Tenor Bond

• Performance Bond

Issued for the purposes of:

• obtaining credit facilities overseas

• settling costs of proceedings

• paying tax liabilities to IRAS.

Collateral

Fixed Deposit or Cash of the equivalent amount

will be used to secure the guarantee

Issuance (Direct)

1% p.a. up to 2 years

1.5% p.a. above 2 years

Min commission:

S$150 (BG-Standard format)

S$250 (BG-Non-Standard format)

2% p.a.

Min commission:

S$150 (BG-Standard format)

S$250 (BG-Non-Standard format)

Processing Fees

S$100* (if lodgement with ACRA is not required)

S$300 (if lodgement with ACRA is required)

*OFFER: $100 OFF processing fee if you submit digitally via IDEAL

Local Courier Fees

Free!

Local Courier Fees waived for all applications submitted via IDEAL.