Letter of guarantee is another credit business. Based on the applicant's request, the Bank issues letter of guarantee to the applicant's creditor. When the applicants fail to meet the debt agreements, the Bank will guarantee the repayment of debt with several responsibility in accordance with agreements.

Target Clients:
Corporate with good standing and performance capabilities; have opened account at the BRCB.

Product features:
1. Specially tailored: the Bank offers letter of guarantee in various kinds according to specific needs and uses, mainly include: payment guarantee, installment payment guarantee, advance payment guarantee, performance guarantee, bid guarantee, contract guarantee, project maintenance guarantee, quality guarantee, loans guarantee, leasing guarantee etc;
2. Enhance creditability: enhance customer’s creditability and competitiveness through guarantee by BRCB.