IntroductionAs per customer's request, BIDV (the corresponding guarantor) issues a written guarantee to a third party assigned by the corporate customer (the beneficiary). In case the guaranteed fails to perform their guarantee obligations to the customer, BIDV will perform the corresponding guarantee obligations to the beneficiary.The guaranteed may be the corporate customer itself or other organizations/individuals it desires them to be guaranteed by BIDV.
Target customersVietnamese and foreign organizations.
Forms of guaranteePaper letter
BIDV supports enterprises to fulfill partner's requirements regarding bank guarantee.
Enhanced credibility towards business partners with the guarantee from a reputable bank.
Increased opportunity for your enterprise to access more funding for business.