If you know exactly what is right and stick to your principles, you will evade the traps that compromises carry!
What is your success dependent on? To a great extent it rests on the credibility of your company in the eyes of foreign partners. If you are aware of this then you are on the road to achieve it. We can only help you by issuing avals on bills of exchange or bank guarantees-a written promise by our Bank to disburse to the beneficiary the guaranteed amount of money should you fail to meet the terms of the guarantee agreement. Prerequisite to receiving a guarantee is active use of an account for a period of at least six months, creditworthiness, and the timely settlement of liabilities with respect to the Bank and other creditors.
Types of guarantees:
Payment for the delivery of goods or rendering of services,
Advance payment return,
Proper performance of the contact or agreement,
Bid bonds,
Customs payments,
Security covering the payment of claims in managing a customs agency, and