Letters of Guarantee
Strengthen trust and reduce risks in your business transactions with our comprehensive letters of guarantee services, designed to meet both local and international needs.
Building Trust in Every Transaction
Our letters of guarantee services provide businesses with the security and credibility needed to thrive in today’s competitive marketplace.
Hisab Bank offers comprehensive letters of guarantee designed to enhance trust between parties in business transactions, reduce risks, and facilitate smooth operations across local and international markets.
Letters of Guarantee Services
Choose the right guarantee solution for your business needs – local or international.
Local Letters of Guarantee
Strengthening Local Business Trust
Issued as a request from the client to government or semi‑government entities for the purposes of either entering tenders or ensuring the proper execution of tenders. Our local letters of guarantee are designed to enhance trust between parties in domestic business transactions.
Performance Guarantee
Ensures commitment to execute projects according to agreed terms, protecting all parties’ rights.
Supply Guarantee
Ensures timely delivery of materials or services as per agreed quality, supporting business continuity.
Advance Payment Guarantee
Provides security for advance payments to contractors or suppliers, ensuring smooth project starts.
Insurance Guarantee
Ensures coverage for damages or losses during contract execution, providing additional protection.
External Letters of Guarantee
Building International Trust
We offer external guarantee letters to meet the needs of our clients in trade and investment areas. Guarantee letters are financial tools that ensure the commitment of both parties in commercial transactions, enhancing trust and reducing risks associated with international deals.
Commitment Guarantee
Ensures that the seller or supplier commits to providing agreed‑upon goods or services as per specified terms.
Enhancing Trust
Facilitates operations and reduces concerns between parties involved in business transactions.
Flexibility in Use
Applicable to a variety of transactions, including large projects, contracts, and international trade.
Sharia Compliance
All services comply with Islamic Sharia principles, providing clients with safety and peace of mind.
Why Choose Hisab Bank for Guarantees
Our letters of guarantee services are designed with your business success in mind.
Sharia Compliant
All guarantee products adhere strictly to Islamic principles, ensuring ethical and transparent practices.
Quick Processing
Streamlined application and approval process to get your guarantee issued faster.
Local & Global Reach
Comprehensive coverage for both domestic and international business transactions.
Expert Guidance
Our experienced team provides personalized advice to help you choose the right guarantee solution.
Simple Process to Get a Guarantee
Getting a letter of guarantee from Hisab Bank is quick and straightforward.
Submit Application
Contact our corporate banking team or visit a branch to begin your application.
Provide Documents
Submit the required documentation for review and verification.
Approval
Our team reviews your application and issues the guarantee.
Receive Guarantee
Get your letter of guarantee delivered to you or the beneficiary.
Guarantee FAQs
Quick answers to the most common questions about our letters of guarantee services.
What is a letter of guarantee?
A letter of guarantee is a financial instrument issued by a bank that assures the beneficiary of the fulfillment of obligations by the applicant.
How long does it take to issue a letter of guarantee?
The processing time depends on the complexity of the request. We strive to issue guarantees as quickly as possible.
Are letters of guarantee Sharia‑compliant?
Yes. All our guarantee products are structured in accordance with Islamic principles and approved by our Sharia Supervisory Board.
What types of guarantees do you offer?
We offer performance guarantees, supply guarantees, advance payment guarantees, insurance guarantees, and external trade guarantees.
Can I get a guarantee for international transactions?
Yes. We offer external letters of guarantee for international trade and investment transactions.
How do I apply?
Contact our corporate banking team or visit any of our branches to begin the application process.
Need a Letter of Guarantee?
Contact our corporate banking team today to learn more about our guarantee letter services and how we can support your business needs.
Contact Our Team