Bank Guarantee is an irrevocable undertaking of the issuing bank (guarantor) to pay to the guarantee receiver (beneficiary) if certain obligations of the applicant are not fulfilled or partially fulfilled.

Your business could leverage this to issue various types of bank guarantees including: Bid Guarantees, Performance Guarantees, Advance Payment Guarantees, Retention Guarantees, Payment Guarantees, Defect Liability Guarantees, Shipping Guarantees, and Standby Letters of Credit.

• Payment Guarantee or Standby Letter of Credit
• Performance Guarantee
• Guarantee Advising
• Bid Guarantee
• Advance payment guarantee
• Retention Guarantee
•  Shipping Guarantee

No	Description	Fee Charge
1	Shipping Guarantee under LC	0.125% p.m (1.5% p.a)
2	Bank Guarantee Issuance
3	Guarantee Amendment	Amount and expiry date: 0.125% p.m (1.5% p.a)
		all others: $50.00
	Guarantee Amendment through Swift	Fee: $50.00 Cable Charge: $30 (Swift Message)
4	Guarantee Cancellation Requested by applicant (after BG issued)	USD100 flat
5	Processing Fee (p.a)	1% of BG amount
6	Renewal Fee (p.a)	1% of BG amount
7	Payment of claim/ drawing (deducted from beneficiary)	0.125%, min. USD50

3. Form

Should you have questions or need any advice, please contact SBI LY HOUR BANK PLC ,
please call at 023 980 888, 023 999 368. +855 23 980 888, ០២៣​ ៩៩៩ ៣៦៨ .
Email [email protected],,