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Company Profile
About us
Landmarks
Our strategy
Our business lines
Management
Key figures
Our commitment
Our network
Head office and central management
Branches and ATMs
Our correspondent banks
Our subsidiaries
Our publications
Press releases
Corporate Governance
Governance Guide to Information Technology
Annual Report
Our communications
Advertising campaigns
Recruitment
Inquiries
Homepage
Complaints
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Individuals
Manage your daily banking needs
Increase your savings
Finance your projects
Professionals
Simplify your daily banking activities
Increase your savings
Finance your projects
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Manage your cash
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Manage your daily banking needs
Track your account remotely
Save up for future plans
Finance your projects
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Letter of guarantee
Letter of guarantee
A reliable commitment
What are you waiting for? Secure your local and international business operations, maintain confidence with your business partners and access easily new foreign markets with the Letter of guarantee issued by SGBJ.
A reliable commitment
What are you waiting for? Secure your local and international business operations, maintain confidence with your business partners and access easily new foreign markets with the Letter of guarantee issued by SGBJ.
Why is it important for your activity?
To cover the risk of non payment of the buyer
To enhance your company’s image
To facilitate your access to export markets
Several types guarantees for an optimal protection
Contractual guarantees
Bid bond guarantee: Allows the supplier to participate in local or international bids and guarantees the buyer truthfulness and seriousness of the bids
Advance payment guarantee: Guarantees the buyer that his deposit was well used for its specified transaction or project purposes
Performance bond: Ensures a compensation to the buyer if the supplier does not respect the good execution of the project's contract
Retention guarantee: Ensures the buyer the refund of part of his payment in case the delivered material or completed work appears to the use, during warranty period, of poor quality
Unconditional guarantees
Credit guarantee, judicial guarantee and payment default guarantee
How to benefit from this service?
Visit any SGBJ branch to sign an application of issuance for a Letter of guarantee which includes the following information:
Originator's name and possibly for whom the guarantee is provided
Name of local or foreigner beneficiary
Amount of the guarantee
Maturity of the guarantee
The objective of the guarantee (or its type) and the initial contract reference
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