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Letter of Guarantee

Letter of Guarantee
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​​ To enable national enterprises, we developed this product to fulfill the guarantees outlined in the project implementation criteria and increase the chance of winning international bids.​

Properties
Product Method

1. The exporter shall provide SaudiEXIM with the company’s financial statements and project documents.
2. The exporter shall specify the needed letters of guarantee.

Product Advantages

- Enable the exporter to enter into tenders for international projects and implement them.
- Expand the customer base in new and existing markets.
- A secure means of entering tenders and bids that ensures the exporter’s fulfillment of contracts.

The Sectors Eligible to Benefit from The Product

All sectors are eligible to benefit from the product.

Duration of Insurance Coverage

Short-term.

Financing Limit for Coverage

​Companies registered in the Kingdom of Saudi Arabia.​

Eligibility
​Companies registered in the Kingdom of Saudi Arabia.​