Summary
"guarantee through advance payment is a type of bank guarantee that is offered to the client based on the project owner/beneficiary’s needs and is intended to guarantee advance budget by the project implementor based on the required steps for project implementation (physical progress)"
REQUIREMENTS
- Request letter addressed to CA members
- Copy of electoral card/identity card/passport
- Copy of company’s bank account details and IBAN number
- A valid company profile:
- Liscence authorisation to exercise economic activity (serve)
- Commercial business registry (serve)
- Debt certificate
- Company statute
- Company structure
- Map of company office location
- Services Contract Acceptance letter from the beneficiary (advance payment bond).