Letter of Guarantees:

In order to facilitate trade, IBA offers Shariah-compliant guarantee facility to its customers where the Bank provides different types of payment and performance guarantees on behalf of the customer.

Features:

  • Bid Bonds
    • Performance Bond
    • Mobilization Advance Payment Guarantee
    • Guarantee for Release of Retention Money
    • Credit Purchase Guarantee
  • Payment Guarantees
  • Guarantees