BANKER'S GUARANTEE

Transact with confidence using RHB's Banker's Guarantee

Highlights & Benefits

Provide your trading partners with peace of mind with RHB's Banker's Guarantee services.



Performance Assurance

 

Ensure that contractual obligations are met with a Banker's Guarantee.



Risk Mitigation

 

Protect your beneficiaries from potential losses should contractual terms not be fulfilled.



Performance Assurance

 

Ensure that contractual obligations are met with a Banker's Guarantee.



Risk Mitigation

 

Protect your beneficiaries from potential losses should contractual terms not be fulfilled.

Rates & Charges

Banker's Guarantee
 

Standard Performance Guarantee Obligation

up to 1 year : 1.25% p.a. or Min S$100
> 1 to 2 years: 1.50% p.a. or Min S$100
> 2 years: 1.75% p.a. or Min S$100

Payment in Foreign Currency

up to 2 years: 1.75% p.a. or Min S$100
> 2 years: 2.00% p.a. or Min S$100

Standard Issuance - Financial Obligation

2.00% p.a. or Min S$100

Non Standard Issuance - Financial Obligation

2.50% p.a. or Min S$100

Increase Tenor of Value

1% p.a., Min S$100

Non Standard Issuance

S$50 + Standard Charges

Vetting of Bank Guarantee

Subject to Bank discretion - Min S$200

Amendments

Tenor: Same as Issuance Commission, min S$100
Amount: Same as Issuance Commission, min S$100
Others: S$100
Cancellation: S$200, No Refund

Documents Required

Banker's Guarantee Application Form

Express Banker's Guarantee Form

Enquire about our Banker's Guarantee services.

Important Notice

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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