Guarantee

This is a type of credit that NCB committed to perform financial obligations on behalf of customers in case enterprise does not perform or improperly performed obligations committed with the guarantee

Features and benefits

  • Currency: VND, foreign currency as per customer's needs (in accordance with foreign exchange regulations)
  • Languages: Vietnamese, English, or bilingual Vietnamese + English.
  • Margin ratio and collateral: According to the NCB's regulation issued in each period
  • Guarantee fee: depends on the type of guarantee and the form of security and will be charged 01 time immediately upon the issuance of the guarantee. The fee amount is according to the NCB's

Features

Types of Guarantee:
- Loan guarantee
-Bid guarantee
- Performance guarantee
- Advance payment refund guarantee
- Warranty guarantee
- Payment guarantee
- Tax payment guarantee
- Off-plan property guarantee
- Counter-guarantee
- And other types of guarantee in accordance with the law.

Forms of guarantee issuance: Letter of Guarantee; Guarantee Contract.

Support

NCB Guarantee issuance application form
Documents constituting the guarantee obligation: the contract between the Customer and the Obligee, or the Letter of Bid Acceptance (if any).Other documents as per NCB's regulations.

Other services

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