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Letters of Guarantee

  • Shape-up your business opportunities confidently with SIB’s tailored made guarantee solutions. SIB’s wide range of guarantees assist your business terms more attractive which helps you to negotiating more even in the absence of established relationship. SIB issues guarantees Local and International- through correspondent network. We issue all types of guarantees such as:

     

    • Bid Bond
    • Performance Bonds
    • Advance Payment Guarantees
    • Retention Guarantees
    • Maintenance Guarantees
    • Financial Guarantees
    • Counter Guarantees

Letters of Credit

  • Grow your Import & Export business in local and international markets, our Trade finance products and services provides, guaranteed payments to suppliers through documentary credit, extensive global reach through correspondent banking network, expert advice on flexible financing solutions and much more. Our range of products and financing solutions includes:

    - Trade Solutions for Importers:

    • Letters of Credit (Either Non-Financed LC OR Financed LC)
    • Shipping Guarantees
    • Standby Letters of Credit 

    - Trade Solutions for Exporters:

    • Letters of Credit Advising
    • Letters of Credit Confirmation
    • Assignment of Proceeds
    • Receivables Financing
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