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Bonds and Guarantees
Standard Chartered is able to issue a variety of Bonds and
Guarantees to support your business activities, these include:
- Trade Bonds - Issued
where an exporter's performance must be guaranteed. This
is a prerequisite in many countries, for the principal
to be awarded a contract, or be allowed to participate
in a tender.
- Shipping Guarantees -
Issued to enable you to effect clearance of goods with
the shipping company, in the event that the original documents
of title have been lost or delayed. This allows the goods
to be claimed as soon as possible, so improving cash flow,
and avoiding any possible losses due to deterioration
in your goods.
- Custom Bonds - A Customs
Bond is issued to enable you to bring goods into the country
before paying the import duty to the Customs authority.
This speeds up collection of your goods, and gives you
the time you need to re-export, or sell on the goods.
This can help your company to avoid unnecessary paper
work, while also reducing your working capital needs.
For Multinational, and Institutional
banking customers who require a large volume of bonds and
guarantee issuance, we are able to offer a tailored solution
to meet all of your Bond and Guarantee needs, our One
Stop Shopping issuance facility.
 For
Importers |
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