Now Bank Guarantee applications can be submitted online through Velocity. In just 3 hours*, your Bank Guarantee application can be issued.
Terms and Conditions:
- The customer already has a Bank Guarantee facility with sufficient limit availability
- The documents for opening a Bank Guarantee and the underlying contract documents comply with the Bank's regulations.
- Application for Opening Bank Guarantee and contract documents have been received by the Bank no later than 14.00 WIB
- Issuance of Bank Guarantees using a format according to Bank standards
- The Bank does not issue a draft prior to issuance of the Bank Guarantee
- The balance in the customer's account is sufficient for debiting commissions and cash guarantees (if any)
- There are no unfinished Customer covenant obligations
