BANK GUARANTEE ISSUANCE IN JUST 3 HOURS AT VELOCITY

25 Jul 2023

Now Bank Guarantee applications can be submitted online through Velocity. In just 3 hours*, your Bank Guarantee application can be issued.

Terms and Conditions:

  1. The customer already has a Bank Guarantee facility with sufficient limit availability
  2. The documents for opening a Bank Guarantee and the underlying contract documents comply with the Bank's regulations.
  3. Application for Opening Bank Guarantee and contract documents have been received by the Bank no later than 14.00 WIB
  4. Issuance of Bank Guarantees using a format according to Bank standards
  5. The Bank does not issue a draft prior to issuance of the Bank Guarantee
  6. The balance in the customer's account is sufficient for debiting commissions and cash guarantees (if any)
  7. There are no unfinished Customer covenant obligations

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