Bank Guarantee
- Approved of credit support.
- Approved of the guarantee auction.
- Approved of guaranteed performance contracts.
- Approved of guarantee payment in advance.
- Approved of guarantee works (Guaranteed quality).
- Approved of guarantee to buy - sell .
- All units enterprises doing business is legitimate.
- Unlimited money to the needs of business.
- LAK, THB and USD
- Deposits account of banks or of other banks.
- Permanently Land title.
- Request for issued as collateral .
- Letter form of the collateral (if any).
- A copy of the license to run a business.
- A copy of the registration of enterprises .
- A copy of tax registration.
- Document summarizes on the financial, Report the results of the company and Active accounts in back for 3 Years .
- Copy identification (ID card).
- Residence Certificate.
- Copy census books .
- Other documents required by the bank.
- Actual conditions of the guarantee.
| No | Descriptions | Services fees |
|---|---|---|
| 1 | Domestic bank guarantee | |
| 1.1 Issuing Bank Guarantee for bidding or as part of contract (secured by collaterals) | 0,25%/month, but the fee is charged for minimum of 3 months and the minimum amount is LAK 120.000 plus LAK 250.000 for evaluation of the collateral or equivalent | |
| 1.2 Issuing Bank Guarantee for bidding or as part of contract (secured by Fixed Deposits) |
0,15% per month for deposit of other banks. 0,125% per month for deposit of PSVB The fee is charged for minimum of 3 months and the minimum amount is USD 15 or equivalent for both type of securities |
|
| 2 | Foreign bank guarantee | Refer to correspondent bank fee |
| No | Descriptions | Services fees |
|---|---|---|
| 1 | For Loan limit below LAK 800 million, USD 100.000 or THB 3 million | 1,5% of the approval limit |
| 2 | For Loan limit above LAK 800 million, USD 100.000 or THB 3 million | 1,25% of the approval limit |
| 3 | Payment of L/C using Loan limit/Line of Credit | The interest is charged according to the lending interest rate and currency since the utilization date by combining the lending interest rate basis + 3% |