• Wide Range of Bank Guarantees – Tailored solutions for different business requirements.

• Enhances Business Credibility – Strengthens your financial standing with suppliers, contractors, and clients.

• Ensures Compliance – Meets contractual obligations and regulatory requirements.

• Competitive Rates & Flexible Terms – Structured to support your business needs.

• Fast Processing & Issuance – Quick turnaround to ensure seamless business operations.

• Expert Advisory Services – Guidance on selecting the most suitable guarantee type for your business.

DFCC Bank offers customised bank guarantees for various business and project needs:

1. Bid Bonds

• Provides financial assurance to project owners that a bidder will honour their bid and sign the contract if awarded.

• Commonly required in tenders and government contracts.

2. Advance Payment Guarantees

• Ensures repayment of advance payments made to contractors or suppliers if obligations are not met.

• Used in construction projects, trade, and manufacturing agreements.

3. Performance Bonds

• Guarantees that a contractor or service provider will complete a project according to the agreed terms.

• Essential for construction, infrastructure, and service contracts.

4. Credit Guarantees

• Assures repayment of credit extended to businesses by suppliers or financial institutions.

• Helps businesses secure better credit terms and supplier relationships.

5. Custom Guarantees

• Issued for specific regulatory and contractual requirements, including customs and excise-related obligations and others.

1. Determine the Type of Guarantee Required – Identify the appropriate guarantee based on your business needs.

2. Submit an Application – Provide relevant business and financial documents.

3. Evaluation & Approval – The bank assesses the guarantee request and sets terms.

4. Issuance of Guarantee – Once approved, the guarantee is issued.

For further assistance, visit your nearest DFCC branch or contact us 24/7 on 011-2350000. If you’re an existing DFCC Bank customer, simply speak to your relationship manager.

You may also begin your application online right now!

1. What is a bank guarantee?

A bank guarantee is a financial instrument where DFCC Bank guarantees payment to a beneficiary if the applicant fails to meet contractual or financial obligations.

2. What are the most common types of bank guarantees?

DFCC Bank offers bid bonds, performance bonds, advance payment guarantees, credit guarantees, and custom guarantees.

3. Who can apply for a bank guarantee?

Businesses and individuals with contractual, trade, or financial obligations requiring a guarantee can apply.

4. What documents are required to apply?

• Business registration documents

• Financial statements (if required)

• Contract agreements (if applicable)

• Any additional documents based on the guaranteed type

5. How long does it take to issue a bank guarantee?

Processing times vary based on the guaranteed type, but DFCC Bank ensures fast and efficient issuance to meet business deadlines.

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