Does your business require bonds and guarantees to secure contracts or performance targets? ANZ Royal Bank's Guarantee products are designed to meet all of your requirements, for a variety of situation.
Products available: Bid Bonds, Performance Bonds, Advance Payment Bonds and Financial Guarantees.
- Removes the need to use cash and improves your working capital.
- Provides confidence to parties that you deal with by showing that your company is a sound and reliable business and has the ability and required skills to fulfil the work being commissioned or the contract being entered into.
- Secures payment for the beneficiary (the contracting party) in the event that the contractual promises are not fulfilled.
- Prompt service and issuance of bonds.
- Available in USD.
- Bonds in some circumstances can be issued on the same day as the lodgement of the application.
- Language: English and Khmer.
- Subject to approval under the bank’s normal credit assessment process.