Bid Bond Guarantee – Tender Bond Guarantee – SWIFT MT760
7
What is Bid Bond Guarantee? How to Get Bid Bond from European Banks? Presented by, www.bwtradefinance.com
-
Upload
bronzewingtrading -
Category
Services
-
view
1 -
download
0
description
This PDF Document is presented by Bronze Wing Trading L.L.C., the International Bank Guarantee Providers in Dubai. Read this document to get to know how Bid Bond Guarantee – Tender Bond helps contractors and suppliers to win their bidding contest. To submit Bid Bond Guarantee requirements, visit us!
For More Info:
Visit: https://www.bwtradefinance.com/bid-bond/
Email Us: [email protected]
Call Us: +971-4-5519699
WhatsApp/BOTIM: +971-50-4648761
Transcript of Bid Bond Guarantee – Tender Bond Guarantee – SWIFT MT760
What is Bid Bond Guarantee? How to Get Bid Bond from European
Banks?
Presented by, www.bwtradefinance.com
What is Bid Bond Guarantee?
• A Bid Bond is a type of construction bond that is issued by a bank on
behalf of its client (Contractors or Suppliers).
• This guarantee assures that the bidder will honor the terms of the bid, if
awarded.
• In case, if the bidder fails to oblige the terms as stated in the contract,
then the owner has the right to claim the bond and get compensated.
Advantages of Having Bid Bond Guarantee
For Contractors / Suppliers:
Gives assurance to the developer or the buyer that the contractor or the supplier is
fully capable of completing the project or product supply as per the terms stated in
the contract or deal.
Gives extra assurance to the contractor or the supplier that there is more chance of
winning the bidding contract.
Enhances the credit status of the contractor or the supplier in the industry.
How to Get Bid Bond Guarantee from European Banks?
Step 1: The contractor/supplier need to submit their bond requirements to us.
Step 2: Our team will go through your contract & approve your request.
Step 3: Before to start work on your transaction, you need to sign the service
agreement and to pay the service charges.
Step 4: We will block our bank limit and structure the bond as per your
requirement and will send it for your approval.
Step 5: After getting approval from your end along with issuance fee, we will
contact our bank and will instruct them to issue the required bond on your
company’s behalf.
“ Our Latest Transaction in Issuing
Bank Guarantees on Behalf of Contractors/Suppliers
Issued Bid Bond Guarantee On Behalf of Dubai Contractor – Click Here
Issued Advance Payment Bond for a Dubai Construction Company– Click Here
Issued Performance Bond on Behalf of a South African Supplier - Click Here
Apply Bid Bond Guarantee Now!
Submit Your Bid Bond Guarantee Requirements to Us,
Fill Out the Online Form
We Are The Leading Bank Guarantee Providers in Dubai!
We Can Provide Different Types of Bank Guarantees from
European Banks Without Blocking Cash Capital!
Email Id: [email protected]
Call Us: +971-4-5519699
Call/WhatsApp/BOTIM: +971-50-4648761
Visit: www.bwtradefinance.com
Contact Us Now!
Follow Us On:
We're Here to Support You With All Your Guarantee Requirements!
