We process your Bank Guarantee-i application within 1* working day.
Enjoy minimal credit assessment and a hassle-free documentation submission process.
Apply at any CIMB Islamic Bank branch nationwide.
You can choose from over 100 approved beneficiary formats.
Including:
•Tender / bid guarantee for contracts;
•Performance guarantee for projects;
•Retention sum guarantee;
•Security deposits guarantee;
•Financial guarantee for credit, supplies and payments;
•Customs guarantee for duties and excise payments;
•Immigration guarantee for security deposits;
•Utilities guarantee for maintenance, supplies and payments;
•Tenancy guarantee, and many more.
| Type of product / service | Fees & Charges | Cut-off time for transaction to be processed |
|---|---|---|
| Issuance & Amendment | 1.8% per annum (including claim period) Minimum RM150 |
Monday to Friday: 12:00 p.m.
(*For same day issuance, you need to submit your application by 12:00 p.m. for collection by 4:00 p.m. Issuance is subject to you completing the application and getting the stamping of bank guarantee by yourself. It takes up to 3 working days for you to receive the stamped bank guarantee if you request the Bank to stamp the bank guarantee.) |