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A bank guarantee is an irrevocable undertaking
of the issuing bank (guarantor) to provide for payment to the third party
(beneficiary) if the specific obligations of the applicant are incomplete or
partially completed.
There are different Guarantee types including
Bid Bond/Tender Guarantee, Payment Guarantee, Performance Guarantee,
Warrantee/Retention Guarantee and Advance Payment.
| Bank Guarantee | |
|---|---|
| Currency |
KHR & USD |
| Tenor |
Up to 36 months |
| Collateral |
Cash Secured/Term
Deposit
|
|
Property (Credit Line)
|
|
| Transaction Amount |
No Limit |
| Issuing Fee |
Cash Secured/Term Deposit: 1% p.a
|
|
Property (Credit Line):
1.5% p.a (Minimum USD 30.00)
|
|
| Amendment |
Wording: USD 30.00
|
|
Increase Amount/Tenor:
Same as Issuing Fee
|
|
| Cancelation |
USD 30.00 |
| Settlement |
0.1% (Min USD 100.00) |
| Advising Fee |
USD 50.00 |
| Courier Charge |
USD 50.00 |
Note: Hattha Bank reserves the rights to change the above
condition and interest rate without prior notice.
