Letters of Guarantee

The Bank may issue various types of Guarantees on behalf of its customers, subject to the maximum limit available for such customers; letters of Guarantee could be for various purposes. In the case of projects, there is likely to be a Bid Bond, Performance Bond and an Advance Payment Guarantee.
Commission Rate 1.5% per annum.

Commission Rate 1.5% per annum 

Required documents:

  • Applicant CV
  • Smart Card copy & details
  • Passport copy
  • CR copy
  • Constitutive documents of the company
  • Memorandum and Articles of Association
  • 6 months Bank Statement of individual/entities.
  • In house Financials (Balance sheet, Income statement)
  • Audited Financial Report

Licensed by the Central Bank of Bahrain as a Conventional Retail Bank | Design and Development : Information Village