Bank Guarantee-i (BG-i)
Bank Guarantee-i is an irrevocable written obligation issued under contract of Kafalah by the Bank to assure payment in case of demand by beneficiary. The Bank in essence, acts as a guarantor.
Benefits & Features
Benefits of using our products:
- Our BG-i is widely accepted and can be leveraged to enhance your reputation
- Unlocked your capital from required deposits or payment in advance
Cut-off time
For applications involving RENTAS transactions, submission must be made by 11:00 a.m. Applications not involving RENTAS that are received by 1:00 p.m. will be processed on the same day.
Application under Revolving Trade Facility
- Without stamping (T +0 day)
- With stamping (T + 1 day)
Application over the counter (BG 1:1)
- Without stamping (T +2 days)
- With stamping (T + 3 days)
* Subject to all terms and conditions complied with
Fees & Charges
Click here for view Bank Guarantee-i (BG-i).
Product Disclosure Sheet
Click here to download the PDS (English) for BG-i
Click here to download the PDS (Malay) for BG-i
Forms
Click here to download Application Form for BG-i
Click here to download the Amendment Form for BG-i
Click here to download the Indemnity Form for BG-i
Click here to download Application Form for ezBG
