SME Letter of Gurantee

Reducing the risk of nonpayment

The danger of failure or unwillingness of one or more partners to fulfill their obligations on a local or international level is a risk that no company should take. Let us ensure that your company is protected from financial losses with a Letter of Guarantee.

  1. Reduce financial risks
  2. Globally accepted
  3. Guaranteed payment

Application Forms

Letters of Guarantee can be in the form of Bank Guarantees, Performance Bonds, Bid Bonds, Shipping Guarantees or Standby Letter of Credit.

Letter of Guarantee Issuance Form

Letter of Guarantee Amendment Form

How to Apply

  • Am I Eligible

Here are the things that we’ll need from you…

Eligibility & Criteria

  • Small businesses, establishments, Limited liability companies (LLC) and private companies
  • Commercial account with Al Rajhi Bank

Required Documents

  • Service Agreement


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Frequently Asked Questions:
Letter of Guarantee
  • How long does it take to process Letter of Guarantee?
    We can process your letter of Guarantee within 24 hours upon receipt of a complete application, subject to the availability of your credit facility.
  • Can I issue in a special text other than the bank-approved texts?
    Yes, we can issue letters of guarantees in special text but it is subject to shariah, legal and risk approvals.
  • How do I cancel shipping Guarantee?
    Please return the original Shipping Guarantee to Al Rajhi Bank for cancellation.