To ensure the Client (Principal) fulfills its obligations to the Beneficiary according to the tender/competition documentation.
Eliminates the risk of issuing a guarantee on a counterfeit form and saves the Client time and money on delivering the guarantee to the Beneficiary.
According to the terms and conditions of the bidding/tender documentation
Tenge, euro, US dollar. Guarantees in other currencies may be issued upon agreement with the Bank's Authorized Body
As required by the bidding/tender
In accordance with the Bank's tariffs in effect at the time the bank guarantee is provided
Yes, the Bank issues electronic bank guarantees on the portals www.goszakup.gov.kz and www.zakup.sk.kz
Visit the Bank branch, providing the application and document package for the issuance of a tender bank guarantee
All bank guarantees are issued with collateral, except for tender guarantees, which may be provided based on the client's turnover for the corresponding period
Fees are charged in accordance with the Bank's tariffs effective at the time of issuing the bank guarantee
All bank guarantees are issued against collateral, except for tender guarantees, which can be provided based on the client's turnover for the respective period. It is possible to pre-calculate the guarantee amount based on turnover by contacting the Bank branch.
Before issuing a bank guarantee, the Client concludes/signs a bank guarantee agreement with the Bank
The situations of termination of a bank guarantee are defined in the bank guarantee itself
A bank guarantee is irrevocable and can only be revoked with the consent of the Principal and Beneficiary