Express Bank Guarantee
Express Bank Guarantee (ExBG) is a facility whereby the bank as guarantor undertakes to pay an agreed sum if the customer fails or defaults in fulfilling his obligation under the terms and conditions of the guarantee.
The turnaround time for ExBG issuance is 3 business days provided all the terms and conditions of the ExBG are met. ExBG issuance for individual applicant is subject to a cumulative limit of RM50,000.00 while a company is subject to a cumulative limit of RM400,000.00.
||Click here for our brochure on ExBG.