Expand your work… Enter your bids and complete your tenders with the bank guarantees issued by Safa Bank

With Safa Bank, obtain all types of bank guarantees that comply with the regulations of the Islamic Sharia, such as bid entry guarantees, performance bonds, advance payment guarantees, maintenance bonds, cargo clearance bonds … and others, through a written undertaking issued by the Bank on behalf of the client to pay a particular amount of money for a specific beneficiary in case of default on the part of the client (the applicant) in fulfilling the terms and conditions specified in the related contract or agreement.

A bank guarantee is a written warranty issued by the Bank on behalf of the client for the payment of a specific amount of money to a specific beneficiary in case the requesting client does not commit to the terms of the agreement and contract.

At Safa Bank, we issue all kinds of bank guarantees that comply with Sharia regulations, such as bid entry guarantees, performance bonds, advance payment guarantees, maintenance bonds, cargo clearance bonds … and others.

Benefits:

• Ensure the client's ability to participate in local and international tenders, sales contracts, and bids.
• The ability to follow up on the outstanding amounts and payment orders easily.
• Proper fulfillment of all executed contracts by all parties as per the guarantee conditions.