Guarantees and Standby Letter of Credit

Enhance the acceptability of your business proposition and secure your deal by applying for a UOB Banker’s Guarantee or SBLC.

Gain direct access to trading parties worldwide through UOB Group’s extensive network of regional office and worldwide correspondent relationships, as well as in-depth understanding of in-country regulations, operating environment, business practices and risks.

Take advantage of our electronic channels to help you manage your trade transactions more effectively

• UOB Infinity (digital banking for business) - Allows seamless electronic submission of applications and timely update of transaction records. Find out more
  
  
• UOB eAlerts - Receive trade alerts on the status of your import transactions. Find out more

• Provide your beneficiary with a payment undertaking from UOB (guarantor) by issuing them a banker’s guarantee. UOB will pay your beneficiary upon receipt of a demand under the banker’s guarantee.
  
  
• Some commonly used banker’s guarantees:
  • Bid Bond
  • Performance Bond
  • Warranty Bond
  • Advance Payment Guarantee
  • Financial Guarantee

• Financial and non-financial SBLC can be issued to markets where your suppliers / buyers prefer an alternative option to Banker's Guarantee.
• SBLC operates like banker’s guarantee except that it differs in format and governing rules.