Featutes:
- Bank guarantee is issued on behalf of the applicant to provide credit assurance to the beneficiary. It is a contingent liability of the bank and, based on conditions in the guarantee, may require the bank to fulfill financial obligation on behalf of the applicant.
- Including bank guarantee and house guarantee .
- TCB commits to the Beneficiary to perform financial obligations on behalf of the guarantor when the guarantor fails to perform or fails to fulfill the obligations committed to the Beneficiary, and the guaranteed to receive debt and repay to TCB.
- Accept Techcombank’s standard contract template or use customer’s template.
- Accept conditional & unconditional guarantee.
- Guaranteed obligations: loan, bid, advance payment, payment, performance, warranty, tax, counter guarantee, retention refund, guarantee for execution of investment projects,…
- Guarantee can be issued in VND or foreign currency.
