Business Banker's Guarantee

BANKER'S GUARANTEE

Get peace of mind when you make payment to

beneficiaries.

Highlight & Benefits
Rates & Charges
Document Requirement

Highlight & Benefits



Banker's Guarantee

 

Spend and save anytime you want throughout the year, without worrying. The fastest and easiest way to protect your interest and offer assurance to your trade counterparts. Enjoy the benefit of competitive rates unrivalled by any other account on the market.

 

A Banker Guarantee provides a safety net for the beneficiary against the failure of the principal to fulfil its obligation.



Banker's Guarantee

 

Spend and save anytime you want throughout the year, without worrying. The fastest and easiest way to protect your interest and offer assurance to your trade counterparts. Enjoy the benefit of competitive rates unrivalled by any other account on the market.

 

A Banker Guarantee provides a safety net for the beneficiary against the failure of the principal to fulfil its obligation.

Rates & Charges

Banker's Guarantee
 

Standard Performance Guarantee Obligation

up to 1 year : 1.25% p.a. or Min S$100
> 1 to 2 years: 1.50% p.a. or Min S$100
> 2 years: 1.75% p.a. or Min S$100

Payment in Foreign Currency

up to 2 years: 1.75% p.a. or Min S$100
> 2 years: 2.00% p.a. or Min S$100

Standard Issuance - Financial Obligation

2.00% p.a. or Min S$100

Non Standard Issuance - Financial Obligation

2.50% p.a. or Min S$100

Increase Tenor of Value

1% p.a., Min S$100

Non Standard Issuance

S$50 + Standard Charges

Vetting of Bank Guarantee

Subject to Bank discretion - Min S$200

Amendments

Tenor: Same as Issuance Commission, min S$100
Amount: Same as Issuance Commission, min S$100
Others: S$100
Cancellation: S$200, No Refund

Documents Requirement

Banker’s Guarantee Form

Download  
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RHB Bank Building, Level 1
Singapore 069531

CALL CENTER
1800 323 0100
 

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Personal Premier Business Asset Management

90 Cecil Street
RHB Bank Building, Level 1
Singapore 069531

CALL CENTER
1800 323 0100
 

DOWNLOAD RHB REFLEX

© 2023 RHB Banking Group. All rights reserved.