Bank Garansi

Build business credibility with Bank MAS guarantees that help protect against non-performance risk.

​  Bank Guarantee

Bank Guarantee Services

Payment and performance assurance for project and non-project transactions, with an efficient process.

Project & Non-Project Guarantees

Guarantees issued against counter-guarantees from overseas or domestic partner banks, with competitive fees.

Under Counter Guarantee 

Build business credibility with Bank MAS guarantees that help protect against non-performance risk.

<h2 lang="en-us" style="text-align:justify;">Bank Guarantee</h2> A Bank Guarantee is a written undertaking issued by Bank MAS at the request of the&nbsp;applicant in favor of the beneficiary, providing protection against non-performance risk.&nbsp;In the event the applicant fails to fulfill its obligations, the beneficiary is entitled to submit&nbsp;a claim in accordance with the terms and conditions of the bank guarantee. <h3 lang="en-us" style="text-align:justify;">Bank Guarantee Services:</h3> <h4 lang="en-us" style="text-align:justify;">1. Project &amp; Non-Project Bank Guarantees</h4> Assurance of payment obligations or performance of work, designed to support both&nbsp;project-based and non-project business activities. Types of guarantees available include: <h4 lang="en-us" style="text-align:justify;">a. Project</h4>Bid/Tender Guarantee, Performance Guarantee, Maintenance/Retention Guarantee <h4 lang="en-us" style="text-align:justify;">b. Non-Project</h4>Advance Payment Guarantee, Payment Guarantee, Financial Guarantee, Cusotmers Guarantee, Shipping Guarantee <h4 lang="en-us" style="text-align:justify;">Key Benefits</h4><ul><li>Competitive guarantee fees</li><li>Standard bank formats with flexibility to accommodate customer requirements</li><li>One-day service for Bank MAS standard format</li><li>Consistent service levels through centralized processing</li></ul> <h3 lang="en-us">2. Under Counter Guarantee</h3>Bank guarantees issued by Bank MAS against counter-guarantees provided by partnerbanks, both international and domestic. Key Benefits<ul><li>Competitive guarantee fees</li><li>Flexible formats tailored to specific requirements</li></ul>

About Product 

<h2 lang="en-us" style="text-align:justify;">1. Project &amp; Non-Project Bank Guarantees</h2>&nbsp;<table><thead><tr><th>No</th><th style="width:43.0828%;">Services/Item</th><th style="width:49.2721%;">Fee</th></tr></thead><tbody><tr><td>1.</td><td style="width:43.0828%;">Bank Guarantee Issuance </td><td style="width:49.2721%;">2% p.a, minimum IDR100.000</td></tr><tr><td>2</td><td style="width:43.0828%;">Administration </td><td style="width:49.2721%;">IDR100.000</td></tr></tbody></table> <h2 lang="en-us">2. Under Counter Guarantee</h2> <table><thead><tr><th>No</th><th style="width:43.0828%;">Services/Item</th><th style="width:49.2721%;">Fee</th></tr></thead><tbody><tr><td>1.</td><td style="width:43.0828%;">Bank Guarantee Issuance </td><td style="width:49.2721%;">2% p.a, minimum IDR100.000 (exclude the issuing bank)</td></tr><tr><td>2</td><td style="width:43.0828%;">Administration </td><td style="width:49.2721%;">IDR100.000</td></tr></tbody></table>

Fees & Charges

<h2 lang="en-us" style="text-align:justify;">1. Project &amp; Non-Project Bank Guarantees</h2>Requirements:<ul><li>Completion and signing of the Bank Guarantee issuance and/or amendmentapplication form</li><li>Individuals or legal entities domiciled in Indonesia</li><li>Has an account and/or credit facilities with Bank MAS</li><li>Holds an approved Bank Guarantee facility</li></ul><h2 style="text-align:justify;">2.&nbsp;Under Counter Guarantee</h2>Requirements:<ul><li>Completion and signing of the Bank Guarantee issuance and/or amendmentapplication form</li><li>Individuals or legal entities domiciled in Indonesia</li><li>Has an account and/or credit facilities with Bank MAS</li><li>Holds an approved Bank Guarantee facility</li></ul>

​ Bank Guarantee

Bank Guarantee