Ceiling for issuing Bank guarantee letters for participating in tenders

g Purpose

Do you plan to participate frequently in tenders, but need to provide letters of guarantee? Do you need to obtain recently a guarantee to participate in tenders without the full bank issuing procedure?

Do you need to pay suppliers and don’t like to block funds on deposit accounts for obtaining the letter of guarantee?

h Loan Amount

up to 200,000 MDL

j Currency

MDL

k Maturity

up to 18 months