Bank Guarantee

Access conditions


Purpose

  • Ensures your client meets their contractual obligation to a third party without affecting the company's liquidity, thanks to the bank guarantee. 
  • You need to be a corporate client of Access Bank and hold a current account.
  • Filling in, signing and stamping the request form, accompanied by a letter.
  • Requesting the issue of the guarantee.
  • Submission of documents containing information on the business or activity for which the client
  • Requesting the issue of the guarantee.
  • Contract attached to the issue of the guarantee.
   
  • Amount
    • According to the client's needs and financial capacity
   

    • Term
    • Maximum of 12 months
   


    • Initial commissions
    • · Communication costs: Applicable
    • · Correspondent expenses: Applicable
    • · Commission for Setting Up and Organizing the Process: Applicable
    • · Organization fees: Applicable

   


  • Guarantees accepted.
    • · Term deposit pledge or current account guarantee
    • · Property mortgage
    • · Pledge of company shares listed on the Mozambique stock exchange.
    • · Pledge of goods, equipment, and financing object
    • · Stock pledge, other guarantees.

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