Issuance of guarantee

Fast - Easy - No Fees

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Superior benefits

Super easy credit

  • The guarantee issuance document is simple and suitable for the specific industry
  • High trust ratio
  • Simplified advance control
  • Varied forms of letter of guarantee issuance: written/electronic/via SWIFT
  • Flexibility according to the needs of the business

    • ✓   Issued according to Techcombank's / enterprise's form

    ✓   Conditional/unconditional guarantee

    ✓   Flexible payment language and currency

Super convenient online transactions

  • Super fast online guarantee issuance in just 2 hours 
  • Simple, secure authentication, no need for digital signatures 
  • No hard copy is required 
  • Digitize common letter of guarantee form in the market 
  • Easily download the electronic letter of guarantee directly on Techcombank Business 
  • Conveniently manage guarantee list according to each investor/contract

Super preferential finance

  • Super fast online guarantee issuance in just 2 hours
  • Simple, secure authentication, no need for digital signatures

Types of guarantee

Description

Secure financial obligations on behalf of the enterprise (guaranteed party) in case the enterprise fails to perform or performs inadequately and on time financial obligations for the partner (guaranteed party) when participating in bidding, competitive price offering or other forms of bidding.

 

Benefits
  • Improve business reputation with partners, increase the likelihood of winning bids 
  • Funded by Techcombank / issued a guarantee for contract performance after winning the bidding

 

Issuance method
  • Online in written or electronic form 
  • At the counter in the form of text, electronic or via SWIFT
Description

Secure the obligation to refund the advance that the partner (guarantee) has advanced to the enterprise (guaranteed party) in case the enterprise fails to perform or performs inadequately and on time the obligation to the partner.

 

Benefits
  • Help businesses quickly receive advance according to the provisions of the Contract 
  • Improve the reputation of the business, support the process of negotiating contracts with Partners

 

Issuance method
  • Online in written or electronic form 
  • At the counter in the form of text, electronic or via SWIFT
Description

Secure financial obligations on behalf of the enterprise (guaranteed party) in case the enterprise fails to perform or performs inadequately and on time the obligation to the partner (guarantee receiver) under the signed contract (usually related to delivery of goods, performance of works...)

 

Benefits
  • Funded to perform contracts with partners on time. 
  • Improve the reputation of businesses with partners in contract performance.

 

Issuance method
  • Online in written or electronic form 
  • At the counter in the form of text, electronic or via SWIFT
Description

Secure financial obligations on behalf of the enterprise (guaranteed party) in case the enterprise fails to perform or performs inadequately and on time the quality assurance of products and services for the partner (guaranteed party).

 

Benefits
  • Improving the reputation of the business in ensuring the quality of products/services with partners 
  • Optimize capital source due to not being retained by the partner's payment to ensure the quality of products/services

 

Issuance method
  • Online in written or electronic form 
  • At the counter in the form of text, electronic or via SWIFT
Description

Secure the payment obligation on behalf of the enterprise (guaranteed party) in case the enterprise fails to perform or performs inadequately and on time the payment obligation for the partner (guaranteed party).

 

Benefits
  • Assist businesses in the process of negotiating deferred payment purchases from partners

 

Issuance method
  • At the counter in the form of text, electronic or via SWIFT
Description

Secure the debt payment obligation (principal, interest and related costs) on behalf of the enterprise (guaranteed party) in case the enterprise fails to perform or performs inadequately and on time the debt payment obligation for the partner (guaranteed party).

 

Benefits
  • Support businesses to borrow funds from partners quickly 
  • Increase business reliability with partners 

 

Issuance method
  • At the counter in the form of text, electronic or via SWIFT
Description

Guarantee the tax payment obligation of the batch of imported goods on behalf of the enterprise (guaranteed party) if past the tax payment deadline, the enterprise has not fully paid the tax to the tax authority.

 

Benefits
  • Ensure the reputation of your business with Tax Offices 
  • Helping businesses balance cash flow and reduce pressure on short-term payments 
  • Shortening the capital pending time of the business due to its simultaneous implementation with the State Budget Deposit product. The tax guarantee letter will be released immediately when the business makes a payment order at Techcombank without waiting until the State Treasury receives the money

 

Issuance method
  • At the counter in the form of documents and electronics
Description

A form of bank guarantee, whereby the counter-guarantor commits to perform financial obligations to the Guarantor in case the Guarantor has to perform financial obligations on behalf of the Guaranteed Party. Techcombank can act as Direct Guarantor or Counter-guarantor.

 

Benefits

Helping businesses meet the needs of partners in needing a reputable bank, Techcombank, to ensure payment obligations for the Direct Guarantor

 

Issuance method

At the counter in the form of text, electronic or via SWIFT

Description

Including types of guarantee in accordance with international law and practice, issued by Techcombank at the request of the enterprise in addition to the above guarantees.

 

Issuance method

At the counter in the form of text, electronic or via SWIFT

Super fast guarantee solution for businesses tender public procurement projects

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Steps to issue guarantee

1

Contact the nearest Techcombank branch to register for credit limit granting and register for credit transactions on Techcombank Business

2

Visit Techcombank Business (web version), at Credit section, choose Guarantee. Make a guarantee request, enter information and upload documents to the system

3

The approver approves the request. The letter of guarantee will be issued by Techcombank in the form of a document (directly signed and sealed) or electronically (depending on the digital signature) according to the needs of the Enterprise.

1

Contact your nearest Techcombank branch to apply for credit limit

2

Send application for guarantee issuance

3

Payment of guarantee issuance fee and electricity charge (in case the issuance form is transferred via SWIFT)

4

Letter of guarantee will be issued by Techcombank in the form of document (signed and sealed) or electronic (signed with digital signature) or transferred via SWIFT as needed

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