Gulf African Bank - Trade Facilities

gulf logo

Trade Facilities

  • Local Bank Guarantees - the bank can issue performance guarantees and bid bonds to third parties e.g. GOK, parastatals etc. to enable our customers undertake contracts.

  • Indemnity Form

  • Application for Guarantee

  • Mandate for cash collateral

  • Format for Guarantee

  • Tender validity period

  • Letters of credit facilitate the business’ import/export requirements in respect of raw materials, vehicles, plant and equipment.

  • The bank accepts a cash margin of 30% to issue Bid Bonds to third parties.