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.
- Reduce financial risks
- Globally accepted
- 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.
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Your trusted partner
As one of the world's largest and most recognized Islamic banks, our reputation precedes us. Enhance your creditworthiness with our Letter of Guarantee.
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Guaranteed benefits
Securing bids and tenders in highly competitive markets can be a challenge. Allow your business to expand by utilizing our Letter of Guarantee.
Letter of Guarantee Data Verification Service
Receive data verification with every Letter of Guarantee free of charge. Reduce the risk of fraud and ensure that all data is valid by visiting: https://www.artf.com.sa.
How to Apply
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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
Ready to apply? Please select an option below…
FOR ENQUIRIES CALL:
800 124 1222
Frequently Asked Questions:
Letter of Guarantee
Letter of Guarantee
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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.
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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.
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How do I cancel shipping Guarantee?Please return the original Shipping Guarantee to Al Rajhi Bank for cancellation.