The Bank provides your beneficiary with a payment undertaking from UOB (guarantor) by issuing them a banker’s guarantee. UOB will pay your beneficiary upon receipt of a demand under the banker’s guarantee.
The Bank provides your beneficiary with a payment undertaking from UOB (guarantor) by issuing them a banker’s guarantee. UOB will pay your beneficiary upon receipt of a demand under the banker’s guarantee.
Note: Any services which require credit facility(ies), credit approval must be granted first.