Guarantees
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Shipping Guarantee
To assist importers in clearing goods upon vessel arrival and to avoid demurrage charges, BEA countersigns customers’ indemnity to shipping companies to release goods prior to the arrival of the bill of lading. This service is provided to customers with trade finance facilities only.
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Banker's Guarantee
To help customers conduct business, BEA can issue an undertaking to a specified party to be collaterally answerable for the customers’ debt or performance for a specified period.
