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Guarantee is a written irrevocable undertaking issued by the bank to pay the beneficiary on demand if it’s customer has not fulfilled his/her contractual obligations and a specific sum of money within the validity of the guarantee.
KCB guarantees are acceptable locally and internationally.


Shari’ah contract: Lafala.

What We Need From You*

  • An approved Guarantee line of Credit or Cash margin.
  • Customer’s letter of request.
  • KCB Guarantee application Form.
  • Format of guarantee (where available).
NB:

For a foreign guarantee, the above applies together with:

  • Copy of Import Declaration Form (IDF).
  • Pro-Forma Invoice.

Rates & Fees*

  • Commission - 4% (Negotiable) one off.

Interested in Sahl Guarantees/Bonds-(Bid/Performance/Transit) Bonds or have a question?


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