Bid Guarantee

Help customer to be eligible to participate in a bid where bank guarantee is required.

  • The Bank provides a guarantee for a customer so that the customer is qualified to participate in a bid for goods or services supply.

Benefits

  • Help customer to be eligible to participate in a bid where bank guarantee is required.
  • Bid guarantee from a reputable bank increases the reliability of the customer with his partner thereby gives higher possibility of bid winning.
  • SHB Laos offers preferential guarantee fee and low deposit rates for enterprise using guarantee service package provided by SHB Laos (from bid participation to warranty).

 Features

  • The Bank provides a guarantee for a customer so that the customer is qualified to participate in a bid for goods or services supply.
  • Bid guarantee is a guarantee letter issued by the Bank in which content, scope and conditions of the guarantee are stated.

Application

  • Application under internal regulations of SHB Laos
  • Please contact the nearest counter of SHB Laos or its business department for more details.