Commercial transactions or large projects generally involve the use of Bank Guarantees. To meet the needs of your business, take advantage of our Bank Guarantee/Standby L/C services. You can choose different types of Bank Guarantees in accordance with the needs.
Our Bank Guarantees or Standby L/Cs are trusted instruments for a variety of major projects. We understand the purpose and hence requirements differ among clients and so we have designed a range of products accordingly.
We offer Bank Garansi / Standby LC solutions such as:
Guarantees issued to meet the requirements when participating in tenders or auctions.
Guarantees issued to guarantee a payment to a third party.
Guarantees issued to ensure the maintenance of the project.
Advance Payment Bond
Guarantee issued to ensure the completion of a job you have been paid in advance by a third party.
Guarantee issued to ensure the completion of a project, usually construction, owned by a third party.
Center for Managing Import Duty Exemptions and refunds (P4BM)
Where payment has been deferred, a guarantee issued to ensure that you would pay P4BM for any customs fees, supplementary duty or VAT on imported goods.
If you are interested in any of these guarantee or standby L/C products, please contact your nearest BCA branch.