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

  1. Request letter addressed to CA members
  2. Copy of electoral card/identity card/passport
  3. Copy of company’s bank account details and IBAN number
  4. 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
  1. Services Contract Acceptance letter from the beneficiary (advance payment bond).