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Home/ Commercial Banking/ Letters of Guarantee
Letters of Guarantee

Guarantees are given by the Bank on behalf of customers against cash deposit or customers facilities, or to correspondents against other Banks’ counter guarantees.

Bank of Sharjah offers numerous types of guarantees including:

  • Car, telephone, shipping, tender contract

  • Bid bonds

  • Performance bonds

  • Advance payment bonds

  • Retention money guarantee

  • Maintenance guarantee

  • Labor guarantee

  • Customs duty guarantee

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