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Bank Guarantee is a guarantee in the form of letter issued by a bank which results in an obligation to pay against the party that receive the guarantee (beneficiary), if the guarantor breach the contract (default). Bank Guarantee can be issued within 3 hours after terms and conditions have been fulfilled. Apply for Bank Guarantee at Maybank now!

Terms and conditions:

  • The Customer has a valid Bank Guarantee facility with sufficient limit availability.
  • Bank Guarantee Issuance Application Form has been filled in completely and correctly, and underlying transaction documents are in accordance with the Bank’s regulations.
    More information about the terms and conditions of the Bank Guarantee form
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  • Bank Guarantee is issued using a format in accordance with the Bank standards.
  • The Bank has received the Bank Guarantee Issuance Application Form and underlying transaction documents no later than 13:00 WIB.
  • The Bank does not issue a draft before issuing the Bank Guarantee.
  • The balance in the Customer’s account is sufficient to debit commissions.
  • Customer covenant obligations have been fulfilled.
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PT Bank Maybank Indonesia Tbk is a Bank licensed and supervised by OJK & Bank Indonesia and LPS. PT Bank Maybank Indonesia Tbk is a guarantee participant in the LPS. The maximum deposit guarantee value per Customer per bank is IDR2 billion. To find out the applicable LPS interest rates, please CLICK HERE

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