Bank Guarantee

A bank guarantee is a lending institution's promise to cover a loss if a borrower (their customer) defaults on a debt to a third party.

Exclusively issued by Euro Exim Bank Ltd in St. Lucia

The guarantee lets a company buy what it otherwise could not, thereby helping business growth and promoting entrepreneurial activity.

Whilst these guarantees can come in various forms Euro Exim Bank Ltd specialises in performance and financial guarantees only, which are exclusively not cash backed.

Types of Bank Guarantee we offer

Advance Payment Guarantee

Bid Bond Guarantee

Deferred Payment Guarantee

Foreign Bank Guarantee

Performance Guarantee

General Ask

  • EEB receives underlying relationship contracts (Ex: Sales Contract / pro-forma invoice).
  • EEB creates the first draft BG and send quote to you, stating the Bank's charges within 3 working days.
  • Once the draft has been accepted, we send the indemnity documents which must be signed and notarized by an appropriate legal representative.
  • EEB send you formal invoices for our indemnity process and issuance charges.
  • Once invoices are paid and all indemnity documents are received, subject to legal and compliance acceptance, we will SWIFT the instrument to the beneficiary's bank.
  • Applicant pays the beneficiary at least 14 days before the expiry date.

Tender Guarantee

A Tender Guarantee is issued by the Bank at the request of the Tenderee, for bids of construction or procurement of projects, committing that the tenderer will not withdraw or amend its bid during the validity period of the bid, and will sign the contract or submit performance guarantee once the bid is won.

General Ask

  • The applicant fills out an application form or a contract for issuance of a letter of guarantee and tenders same to the bank along with the specimen guarantee format required by the beneficiary.
  • The applicant pays margin as per the banks requirement.
  • Examination and issuance of letter of guarantee if as per the banks tender guarantee format.
  • If the format defers from the banks guarantee format same could be referred for legal advice.
  • If covered by 100 % cash margin, the bank may issue the guarantee after obtaining sanctions from the credit authority
  • Upon customer qualification, underlying transaction and relevant documents EEB confirms the customer's margin or credit line and other mortgages
  • EEB issues the letter of guarantee.


Euro Exim Bank Limited is a Group of Companies with Registered Office in Saint Lucia and a Representative Office in the United Kingdom. EURO EXIM BANK LTD (REGISTERED OFFICE) is a Class A International Banking Financial institution incorporated under the revised laws of St. Lucia. The license provides authorisation to conduct business with third parties across industries and geographies worldwide. This office is regulated by the Financial Services Regulatory Authority in St. Lucia, and does not provide any services to any natural person or legal entity in St. Lucia.

EURO EXIM BANK LIMITED (REPRESENTATIVE OFFICE) is incorporated under the laws of England and Wales with company registration number 07520196. This entity is a non-banking financial institution that facilitates international business transactions through issuance and relay of various trade finance instruments. The London-based Representative Office offers Letters of Credit and Standby Letters of Credit to corporate clients only. This office does not provide regulated or controlled services or activities.

Important Notice: Euro Exim Bank Ltd would like to advise its customers to report any suspicions which they may have regarding the identity of any intermediary who promotes products or services of the Bank or any intermediary bearing similar names. You should verify with Euro Exim Bank by calling the Bank's Customer Service Number on +44 208 207 2868 or emailing [email protected]. Please also be aware of bogus SMS messages and voice message calls or fraudsters who misrepresent services and impersonate the staff of Euro Exim Bank.