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MTB Bank provides reliable Bank Guarantees to secure your business commitments. Our guarantees cover performance, payment, and other contractual needs, ensuring confidence and reliability in your transactions.
Charges for Bank Guarantee
| Guarantee Issuing / Confirmation Commission | 0.25% per 3 Month of part three of (Min USD 50) or Equivalent (EUR/SGD) |
| Amendment Commission (Date Extension & Amount Increase) | 0.25% of Guarantee Amount per 3Month (Min USD 50 or Equivalent (EUR/SGD) |
| Guarantee Advising Commission | USD 20 or Equivalent (EUR/SGD) |
| Amendment Advising Commission | USD 15 or Equivalent (EUR/SGD) |
Benefit (Guarantee)
The Bank Guarantee enhances trust and credibility in business transactions by assuring the beneficiary of payment, facilitating large deals, and providing better access to credit. It supports business growth by enabling expansion into new markets without substantial upfront costs and offers a cost-effective security option. Additionally, a Bank Guarantee mitigates risks for the beneficiary and provides businesses with a competitive advantage through flexible, tailored terms.
