Guarantee in the form of a document issued by a bank which results in an obligation to pay the party receiving the guarantee if the guaranteed party breaks their promise (default).
Providing guarantees for Bouwheer for fulfilling the Customer's obligations in working on projects given by Bouwheer to the Customer
Streamlining business transactions both at home and abroad
Types of Bank Guarantees
Types of Bank Guarantees
Advance Payment Guarantee (Advance Payment Bond)
Implementation Guarantee (Performance Bond)
Maintenance Guarantee (Maintenance Bond)
Payment Guarantee (Payment Bond)
SP2SD Bank Guarantee
Bank Guarantee is intended for Business Entities established under Indonesian law
Own and have run a business or have experience in the funded field for at least 2 (two) years
Have/open an iB Savings/Current account at the Bank
The Bank Guarantee period is set at a maximum of 3 (three) years.
Customers submit a Bank Guarantee application directly to the Bank by attaching the required documents
Document requirements:
Photocopy of Deed of Company Establishment
Photocopy of TDP, SIU, NPWP, TDR, and SKDP
Photocopy of membership certificate from business-related professional associations
Photocopy of balance sheet and profit and loss report for the last 2 years
Photocopy of work contract and/or SPK
Other documents
Administration fee of IDR 100,000,- (adjusted to agreement)
The bank has the right to reject the submitted product application if it does not meet the requirements, applicable regulations and sharia principles
Bank Guarantees that have passed their due date will be immediately removed from the books
Customers ensure that they have read and understood the summary regarding products and services on the KB Bank Syariah website before using the Bank Guarantee iB facility. Customers have the right to ask questions, obtain assistance via halo KBBS or directly from Bank employees
