Product Detail

A Letter of Guarantee from SCB serves as collateral when your company submits a bid or signs a contract with a government agency or other counterpart. This frees your company from having to secure an agreement using other assets such as cash or bonds.

Use L/G as collateral instead of securities to streamline your finances

Get an L/G at your nearest SCB branch. Or transfer it to your beneficiary online.

Conveniently available online via SCB Digital L/G

Qualifications

•     Good financial history

•     Business track record. (Number of years depends on type of business.)

Document Required

Certificate of Registration

Certificate of Registration, Memorandum of Association and List of Shareholders

Financial statements

Financial statements audited by certified public accountant

Copy of ID card

Copy of ID card and house registration of the authorized person

Summary statement

Summary statement of core banking transactions for past six months

Letter of consent

Letter of consent for SCB to check credit information

Financial Amount Objective

Please provide detail and objective for your request

 The consideration is in line with the Bank's guidelines. 

Terms

Your can request an SCB L/G via your SCB Business Relationship Manager.

Related Products and Services

Standby Letter of Credit

SCB guarantees payment to your vendor

Read More

Acceptance/Aval

Increase confidence among your suppliers and vendors

Read More