Bank Guarantee (BG)
Bank Guarantees issued from top-rated banks to secure bids, performance, advance payments and loan obligations.
Bank Guarantee Issuance & Leasing
A bank guarantee is a promise by a bank to assume liability for a debtor if its contractual obligations are not met. Offshore Mercantile issues and leases Bank Guarantees (BG MT760) from top-rated banks at transparent annual fees, with full drafts prepared before signature. The instrument can be used to unlock loans, secure execution of contracts and guarantee performance.
- Bid / tender guarantees for winning contracts
- Performance and advance payment guarantees
- Financial guarantees to support credit facilities
- Leasing at low annual percentages
- Purchase of owned bank guarantees
How We Structure Your BG
Offshore Mercantile structures each bank guarantee around your transaction. We confirm the issuing bank, prepare the draft, clear the recipient, and execute SWIFT MT760 delivery — fully compliant and transparent.
- Draft approval before issuance
- Recipient and bank clearing process
- Bank-to-bank SWIFT MT760 delivery
- Renewable lease terms aligned to your project
Frequently Asked Questions
What is the BG leasing fee?
Bank Guarantees are leased at competitive annual rates from tier-one banks — typically 4% of face value per year.
Can we purchase an owned BG?
Yes. Purchased BGs are cashable at full face value at the end of the term with bank endorsement.
What denominations are available?
We arrange guarantees from small bid bonds up to multi-hundred-million-dollar facilities for project finance.
Ready to get started?
Submit an application and our team will review your requirements and respond promptly.