bank guarantee

Now, get your LGs & LCs, cash-covered, with no issuance fees and for a limited time. Apply now and don’t miss the opportunity!

Valid to: November 8, 2025

About Offer

Letter of Guarantee:
Letter of Guarantee is a written commitment issued by a bank on behalf of its client (the applicant) to another party (the beneficiary), ensuring the payment of a specified amount if the client fails to fulfill their obligations under a contract or agreement.

Letter of Credit:
A letter of credit is a financial document issued by a bank on behalf of a buyer (the applicant), guaranteeing the seller that they will receive the agreed payment upon presenting specific documents proving the shipment or delivery of goods or services according to the terms of the L/C.

Terms and Conditions

  • Offer applicable for all Biban Event visitors who are issuing LGs & LCs with 100% cash cover.
  • Offer starts from 5th to 8th November.