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Улаанбаатар Хотын Банк

Domestic quarantee with recourse or non-recourse

Ulaanbaatar City Bank offers recourse or non-recourse guarantee service for tender, performance, advance payment, and payment.

The advantage of our guarantee service is fast and we offer a fixed charge for guarantee with recourse regardless of its amount.

Tender guarantee means a guarantee that successful bidder actually enters into work/goods/ service Contract with Contractor.

Required documents:

    Guarantee with non-recourse:

  • Official request of the applicant;
  • Tender invitation;
  • Tender guarantee form;
  • Form (bank)

    Guarantee with non-recourse:

  • Same documents of loan request;
  • Tender invitation;
  • Tender guarantee form;

    To cancel guarantee:

  • Official request of the company;
  • Official letter from procuring entity;

    Performance guarantee is a surety bond issued by a bank to guarantee satisfactory completion of a project by a Contractor, i.e.  will perform its obligation undertaken under the contract.

    Required documents:

    Guarantee with recourse:
  • Official request of the applicant;
  • Statement that winner is selected and contract is be made;
  • Performance guarantee form;
  • Form(bank);

    Guarantee with non-recourse:

  • Statement that winner is selected and contract is be made;
  • Performance guarantee form;
    Advance payment guarantee means a guarantee issued by the bank in favor to the Client in the same amount against the advance payment received by the Contractor according to the Contract entered between them.

    Required documents:

    Advance payment guarantee with recourse::
  • Official request of the applicant;
  • Copy of contract made with procuring entity;
  • Advance payment guarantee form;
  • Form;

    Guarantee with non-recourse:

  • Same documents of loan request;
  • Copy of contract made with procuring entity;
  • Advance payment guarantee form;

    Cancelation of guarantee:

  • Official request of the applicant;
  • Official letter from procuring entity
    Payment guarantee means a guarantee that required by seller from buyer for assurance of payment where it sells certain goods or provides service to the buyer.

    Required documents:

    Payment guarantee with recourse:
  • Official request of the applicant;
  • Copy of sales and purchase contract;
  • Payment guarantee form or contract template;
  • Form (bank)

    Payment guarantee with non-recourse:

  • Same documents of loan request;
  • Copy of sales and purchase contract;
  • Payment guarantee form or contract template

    Cancelation of guarantee:

  • Official request of the applicant;
  • Official letter from procuring entity;

Further information

Ulaanbaatar City Bank
Telephone: 319041

2013-10-16

Мэдээлэл
Сар шинийн өдрүүдэд ажиллах салбар
Улаанбаатар Хотын Банк харилцагчиддаа зориулж кредит картаа шинэчлэн гаргалаа

Улаанбаатар Хотын Банк 500,000-5,000,000 төгрөг хүртэл зээлжих эрхтэй кредит картыг зах зээлд шинэчлэн гаргасан байна

Эрхэм харилцагчдын анхааралд
Шинэ жилийн баярын өдрүүдэд ажиллах салбар нэгжүүдийн ажиллах цагийн хуваарь
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