Introduction

Performance Guarantee is a commitment of OceanBank to ensure that businesses will fully implement the obligations stated in customer’s contract with their partner. In case customers violate the contract and do not perform or do not preform financial obligations improperly, OceanBank will do it

Product
Benifits

-              Competitive policies and regulations on issuing unsecured guarantee

-              Low margin rate, reasonable and competitive service fees

-              Reasonable and flexible collateral

-              Simple and fast guarantee issuance procedures

Product
Features

are legal entities (except credit institutions, foreign bank branches) wishing to issue guarantee for the performance of the contract.

Procedure &
Form

-              Form: in writing via letter of guarantee / guarantee contract

-              Language: Vietnamese

-              Method: guarantee for each time / limit

-              Currency: VND or USD