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Bank Guarantee

Bank Guarantee
Description A bank guarantee is a guarantee made by the Bank on behalf of a customer (usually an established corporate customer) should it fail to settle a dept to a third party who is the beneficiary.
Various Types of Bank Guarantee
  • Bank Guarantee for the purpose of bidding
  • Bank Guarantee for the purpose of fulfilling the agreement
  • Bank Guarantee for the purpose of purchasing goods on credit basis
  • Bank Guarantee for the purpose of borrowing
  • Bank Guarantee for other purposes
Commission Charges The rate of 2-2.5% per annum or at the minimum of 1,500 baht (The period is per year or the minimum of 3 months).
Terms and Conditions The client has to submit Guarantee Application Form to the Bank. (This service is only provided to the juristic persons which have credit facility with the bank).
Document Required
  • Application form for Bank Guarantee.
  • All pertinent contracts to be used as support for the Bank Guarantee.

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.


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