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Customs Guarantee

A guarantee issued in favour of the Customs Authority to facilitate eligible customs-related transactions, where a bank guarantee is required in lieu of immediate payment or deposit of applicable duties, taxes or other obligations, subject to prevailing regulations.

As per prevailing Schedule of Charges and approved terms.

Eligible SME customers with legitimate customs-related transactions and satisfactory credit standing.

Relevant customs documents, assessment/order, import documents, application and other documents required by the Bank and applicable authorities.

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