Products / Performance Bond

Contractual security supporting international performance obligations.

Performance bonds may support eligible contractual obligations where an applicant is required to perform an approved cross-border project, supply or commercial contract.

Performance bond consideration

The transaction is assessed using the underlying contract, scope of work, applicant capacity, beneficiary, amount, validity and supporting evidence. Bond wording is generated through a controlled document process and is not binding until final issuance.

Information commonly required

  • Executed or proposed underlying contract.
  • Detailed project or supply scope.
  • Applicant and beneficiary legal details.
  • Required bond amount, currency and validity.
  • Financial statements and corporate records.
  • Project schedule and relevant performance information.

Claims basis

Any claim remains subject to the terms of the issued bond and the required hard-copy supporting documents. Electronic or SWIFT-based presentation is not part of the website's stated claims process.