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Guarantees/bonds by bank 

Product Description

Guarantees/Bonds by Bank are financial instruments issued by Botswana Savings Bank to guarantee payment or performance obligations of its customers towards third parties.

interest earned annually
Up To 0 %
minimum opening amount
P 0 .00
on interest earned
0 NO TAX

Product Features

  • Tailored guarantees based on specific business requirements

Pricing

  • Origination fee: 1.12% ; Min 460

Entry Requirements

  • Registered business with a BSB account
  • Valid business incorporation and registration documents
  • Credit assessment and approval
  • Completed application form for the specific type of guarantee/bond
  • Collateral/security as required by the bank

Target Market

  • SME clients
  • Commercial clients
  • State-Owned Enterprises (SOEs)
  • Non-Governmental Organizations (NGOs)

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