Letter of Guarantee
Letter of Guarantee (LG): is a written undertaking issued by the Saudi National Bank upon its client request, payable at the first call for certain amount or is subject to be fully assigned to the beneficiary during the letter of guarantee validity period.
Letters of Guarantee offered by The Saudi National Bank include:
· Bid bond (tender) Guarantee
· Final Guarantee
· Performance Guarantee
· Advance Payment Guarantee
· Financial Guarantee
· Custom Guarantee
· Zakat Guarantee
· Hajj & Umrah Guarantee
· Study Guarantee
· License Guarantee (for individuals)
Request to add Government Beneficiary to the list
- If there is no government beneficiary in the client's list, please contact us on the toll-free number 920024288 or email firstname.lastname@example.org to add the beneficiary.