A Performance Guarantee-i is issued to support the applicant's Shariah-compliant non-financial / Shariah-compliant performance obligations. The guarantee can be claimed in the event of non-performance.
In markets where a banker’s guarantee is less common or prohibited, we can issue Shariah-compliant standby letters of credit as an alternative solution.
Client is bidding for projects and requires support from a bank
Client wants support to provide assurance to the beneficiary that they can call on the guarantee to retrieve advance payment If guarantee contract terms are not fulfilled
Client requires support for contractual obligations in case of non-performance
Client requires support on obligation to maintain the goods or services for a specified period of time
Opt for GuaranteeSMART-i, our cash-backed solution that can facilitate urgent issuances within 24 hours (terms and conditions apply).
Call client services: 1 300 88 1099
Email: gtrf.client.services.my@hsbc.com.my
Get in touch to learn more about our banking solutions and how we can help you drive your business forward.
