WHAT ARE YOU LOOKING FOR?

Bank Guarantees

Strengthening trust in your commercial commitments

In many business transactions, trust alone is not enough. A bank guarantee provides formal assurance to your counterparty that a financial or contractual obligation will be honoured.



A Bank Guarantee issued by MauBank is an irrevocable commitment to pay a third party if your business is unable to meet a specified obligation. This may relate to payment, performance, or the fulfilment of contractual terms. By standing behind your commitment, the bank helps reduce risk for all parties involved.

 

Bank guarantees are commonly used in trade, construction, infrastructure and commercial contracts where assurance is required before work begins, goods are delivered, or payments are released. They allow businesses to participate in larger or more complex transactions without tying up cash upfront.

Types of bank guarantees offered by MauBank
  • GFA (Garantie Financière d’Achèvement)
  • Tender bond
  • Performance bond
  • Advance payment guarantee
  • Retention money guarantee
  • Customs guarantee
  • Avalisation of bill of exchange
  • Expatriate guarantee
  • Shipping guarantee issued when original bills of lading are unavailable for imports