I am interested in the

With this service you can now negotiate better terms and do business with businesses that you thought prior to be out of reach.

Why choose the SBM Guarantees and Bonds

Client’s liabilities to a lending institution are guaranteed to be met

Protection of both parties in a contractual agreement from credit risk

Facility can help negotiate better terms on the tender and client’s contract

Eligibility / Documents Required

 

 

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Rates & Fees

  • Bid bonds - 1% flat with minimum charge of Kes. 5,000
  • Performance Bond - 1% per quarter with minimum charge of Kes. 5,000
  • Advance Payment Guarantee - 1% per quarter with minimum charge of Kes. 5,000
  • Immigration/Customs/Insurance/ Transit Guarantee - 1% per quarter with minimum charge of Kes. 5,000
  • Payment/Financial/Demand Guarantees - 1% per quarter with minimum charge of Kes. 5,000
  • Cancellation of uncollected guarantees - Kes. 5,000
  • Amendment fee - Kes. 1,000

** All fees and charges are subject to 20% excise duty

Find out more about SBM Products

Visit any of our Branches

Find a Branch

Reach us on

+254 (0) 709 800 000

Send an email

atyourservice@sbmbank.co.ke
SBM Guarantees and Bonds