Parameter |
Details |
Issuing Banks |
- JPMorgan Chase
- HSBC
- Standard Chartered Bank
- China Construction Bank
|
Eligibility |
- Corporate clients with valid contracts requiring upfront guarantees
- Projects across infrastructure, trade, and construction
|
Guarantee Amount |
- Minimum: $500,000 USD
- Maximum: $100,000,000 USD
- Subject to project scope and client creditworthiness
|
Tenor |
- Up to 3 years
- Extensions available upon mutual agreement
|
Fees |
- Issuance Fee: 1.25% to 2.5% per annum of the guarantee value
- Administration Fee: $10,000 to $50,000 USD
- Retainer Fee: $25,000 USD (non-refundable, payable upfront)
|
Conditions Precedent |
- Submission of contract requiring the guarantee
- Credit appraisal and approval by the issuing bank
- Payment of all applicable fees
|
Security Package |
- Corporate guarantees
- Assignment of project revenues
- Cash collateral or bank-backed counter-guarantees
|
Processing Timeline |
- 10 to 20 business days from submission of complete documentation
|