International Guarantees
With CIH BANK, I have solutions to secure my international operations
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How does it work ?
A guarantee to participate in a tender within a foreign market
The Bid Bond is a solution guaranteeing the seriousness and sincerity of your bid in a foreign market, as well as the seriousness of foreign bidders for tenders in Morocco.
To learn more about CIH Bank's offers dedicated to businesses to facilitate their international operations, contact your Customer Advisor.
Its Advantages:
- Access to international tender opportunities.
- Protection for the beneficiary against a withdrawal or early withdrawal of the bidder.
An assurance for the proper execution of the contract with your foreign supplier
The Performance Bond is an assurance for the beneficiary, guaranteeing the proper execution of works or the fulfillment of the service according to the provisions of the contract.
It is required by the beneficiary to ensure the financial and technical ability of your company to successfully complete the project.
To learn more about CIH Bank's offers dedicated to businesses to facilitate their international operations, contact your Customer Advisor.
Its Advantages:
- Increased chances of obtaining a contract.
- Guarantee against the risk of non-compliance with contract terms.
- Instilling confidence in the beneficiary in case of non-performance.
A guarantee to protect against the risk of non-recovery of advances paid in case of contract termination
The Advance Payment Guarantee is a solution that guarantees both you and the beneficiary the recovery of advances paid in case contractual obligations are not fulfilled and respected by both parties.
As a bidder, it allows you to assure your foreign partner of the refund of such advances in case of non-compliance with the contract clauses.
To learn more about the offers implemented by CIH Bank to support businesses in their international trade activities, contact your Customer Advisor.
Its Advantages:
- Assurance against the risk of non-compliance with contract clauses.
- Flexible and cost-effective procedure.
- Quick refund and release of advances.
A guarantee to participate in foreign public markets
The Retention Guarantee is a commitment made on behalf of the winning bidder in favor of the contracting authority. It covers the risk of poor quality of goods and services provided during the guarantee period. This solution ensures the proper execution of a contract in accordance with its terms.
Through the Retention Guarantee, CIH Bank enables you to ensure the proper execution of contract terms with your supplier and instill confidence in your client.
To learn more about CIH Bank's offers dedicated to businesses to facilitate their international operations, contact your Client Advisor.
Its Advantages:
- Retention of a portion of the due payment for the winning bidder.
- Insurance against the risk of supplying defective or poor-quality products or services.
- Building trust between both parties by providing this guarantee.
