Bond Guarantees
This consists of over-the-counter bid bonds, advance payment, performance bonds, retention bonds, and guarantees. Bid Bond: These play a crucial role in project financing by providing assurance to project owners that the bidder has the financial means to accept the job for the price quoted in the bid.
Placements
The minimum deposit is USD 10,000 at competitive interest rates.
- Tenure is from 30 days to 90 days.