bos bos

Letters of Guarantee

Bank of Sharjah provides Letter of Guarantee facility on behalf of its customers for various business obligations. These Letters of Guarantee can be issued against cash deposit or customers facilities, or to correspondents against other Banks’ counter guarantees.

Different types of guarantees being offered are :

  • Car, telephone, shipping, tender contract
  • Bid bonds
  • Performance bonds
  • Advance payment bonds
  • Retention money guarantee
  • Maintenance guarantee
  • Labor guarantee
  • Customs duty guarantee