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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.
  • 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
1Domestic 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

2Foreign bank guaranteeRefer to correspondent bank fee
No Descriptions Services fees
1For Loan limit below LAK 800 million, USD 100.000 or THB 3 million1,5% of the approval limit
2For Loan limit above LAK 800 million, USD 100.000 or THB 3 million1,25% of the approval limit
3Payment 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%
info@phongsavanhbank.com
(+856-21)716999
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