Advance Payment Guarantee (APG) – Secure Your Project Payments & Reduce Risk
🔹 What is an Advance Payment Guarantee (APG)?
An Advance Payment Guarantee (APG) is a financial instrument issued by a bank or financial institution that ensures the return of an advance payment if the contractor or supplier fails to fulfill the contractual obligations.
This guarantee is typically required in industries such as construction, procurement, manufacturing, and infrastructure projects, where buyers make upfront payments before the project or delivery is completed.
📢 An APG provides peace of mind to buyers by ensuring their advance payment is protected, while suppliers gain credibility and access to pre-financing for their operations.
📌 Advance Payment Guarantee (APG) — Trusted Protection for Prepayments
We structure and arrange URDG 758–compliant Advance Payment Guarantees so buyers are protected and suppliers can unlock project mobilization funds with confidence. Global desks • 24–48h intake.
How Does an Advance Payment Guarantee Work?
- Buyer makes an advance payment to supplier/contractor.
- Supplier obtains an APG from a bank as financial assurance.
- Project execution / delivery proceeds under the contract.
- Non-performance? Buyer files a claim against the APG.
- Bank pays compensation up to the guaranteed amount.
Result: Buyer is protected against loss; supplier signals credibility and secures mobilization funds.
Key Features
- Protects buyer’s prepayment; refunds if obligations aren’t fulfilled
- Financial security for high-value projects and cross-border trade
- Strengthens supplier’s bid and negotiation position
- Issued under ICC URDG 758 rules
- Validity through completion or agreed milestones/repayment
Who Needs an APG?
- Construction & Infrastructure contractors
- Manufacturers & Exporters (equipment, commodities)
- Government & Public-sector tender participants
- Procurement & Supply-chain programs
- IT & Technology project integrators
Business Benefits
- Reduces buyer risk; mitigates counterparty default
- Strengthens supplier reputation in tenders
- Supports project financing and cash-flow planning
- Encourages competitive bidding and faster awards
- Aligns incentives with contract performance
📄 Required Documents for APG Issuance
- Contract / Purchase Agreement with advance payment clause
- Company Profile & Trade/Business License
- Memorandum & Articles of Association
- Board Resolution authorizing APG
- Audited Financial Statements (last 2 years)
- Bank Statements (6–12 months)
- Bid/Tender Pack (if applicable)
- Guarantee Application (amount, tenor, governing rules)
All engagements are subject to full KYC/AML and sanctions screening.
🏦 Partner & Representative Banks for APGs (Selection)
Availability depends on corridor, profile and eligibility. Below is a curated list (25+), drawn from your bank panels.
| Bank | SWIFT/BIC | Region / Notes |
|---|---|---|
| HSBC (Hong Kong) | HSBCHKHHXXX | Global trade hub, fast ops |
| BNP Paribas (France) | BNPAFRPP | EU anchor, strong compliance |
| Mashreq Bank (UAE) | BOMLAEAD | MENA projects |
| Standard Chartered (Dubai) | SCBLAEAD | ME/Asia corridors |
| Bank of China (Hong Kong) | BKCHHKHHXXX | APAC manufacturing & EPC |
| UOB (Singapore) | UOVBSGSG | SEA trade finance |
| Crédit Agricole (France) | AGRIFRPP | Structured trade |
| PG Asia Investment Bank (Malaysia) | AINEMY22 | Agile issuance |
| Dushanbe City Bank (Tajikistan) | LCMDTJ22 | Frontier markets |
| Standard Commerce Bank (USA) | STDMDMDMXXX | US compliance |
| Asia Pacific Investment Bank (Malaysia) | ASPMMYKL | APAC coverage |
| Credit Foncier IM UND Export GmbH (Germany) | CFEGDE82 | EU-regulated |
| Unibanque (UK) | UNBQGB22 | UK SME-friendly |
| Tabarak Investment Capital (UAE) | TIBIAEADXXX | GCC projects |
| Golden Touch Investment Bank Ltd | GTIVMT2LXXX | Private structuring |
| United Bank for Investment (Iraq) | UNTVIQBAXXX | Regional trade |
| ACE Investment Bank (Malaysia) | AIBMMYKL | Short-term APGs |
| Al-Amanah Islamic Bank (Philippines) | AIIPPHM1XXX | Sharia-compliant |
| Point Bank (UK) | POITGB21XXX | Agile & flexible |
| Access Bank (Kenya) | ABNGKENA | East Africa |
| Dashen Bank (Ethiopia) | DASHTEAA | Horn of Africa |
| ABC Banking Corporation (Mauritius) | ABCKMUMU | Offshore hub |
| Maubank Ltd (Mauritius) | MPCBMUMU | Flexible offshore |
| Mauritius Commercial Bank | MCBLMUMU | EEB/structuring |
| Exim Bank Tanzania | EXTNTZTZ | Africa trade |
| China Construction Bank (Hong Kong) | CCBQHKAX | Large tickets |
| Indian Bank | IDIBINBBXXX | India corridors |
| DBS Bank (Hong Kong) | DHBKHKHHXXX | APAC execution |
| UCO Bank (Hong Kong) | UCBKHKHHXXX | Trade DLCs |
| Dah Sing Bank (Hong Kong) | DSBAHKHHXXX | Clear processes |
| CTBC Bank (Hong Kong) | CTBKHKHHXXX | Sight/Usance |
| Israel Discount Bank | IDBYUS33 | US/IL bridge |
| BNL (Italy) | BNLIITRRALX | Italy/EU |
| Artigiancassa (Italy) | ARTCITR1XXX | SME programs |
| Standard Chartered (Hong Kong) | SCBLHKHHXXX | Global network |
Indicative only; subject to credit appetite, sanctions policy and final approvals.
💬 Client Reviews (10)
❓ Frequently Asked Questions (15)
1) What size of APG can you arrange?
2) How long does issuance take?
3) Which rules govern APGs?
4) Is cash collateral always required?
5) Can the APG amount reduce over time?
6) What currencies are supported?
7) Can you advise/confirm with our bank?
8) What are typical costs?
9) What causes delays?
10) Can APG be combined with performance bonds?
11) Will you draft the APG text?
12) Do you support public tenders?
13) Can the buyer claim without cause?
14) Do you operate globally?
15) Do you sign NDAs?
📅 APG Issuance Process
- Submit documentation
- Project evaluation & draft preparation
- Review, modify & approve wording
- Invoice & fee settlement
- Final guarantee issuance/advising
🔍 Key Considerations
- Cost: amount × tenor × risk (bank + arranger fees)
- Validity: through completion/hand-over or schedule
- Claims: clear conditions and presentation requirements
- Reductions: milestone-based decrease where applicable
- Governing Rules: URDG 758 (default)
📩 Request an Advance Payment Guarantee
We’ll route your file to the right regional desk and respond within 24–48 hours.
Global Desks
- Americas: Montréal • New York • Miami • São Paulo
- Europe: London • Paris • Frankfurt • Zurich • Milan
- Middle East: Dubai • Abu Dhabi • Doha • Riyadh
- Africa: Casablanca • Lagos • Nairobi • Johannesburg
- Asia: Singapore • Hong Kong • Kuala Lumpur • Mumbai
Disclaimer: Content is informational and non-binding. All engagements are subject to full KYC/AML, sanctions checks and final institutional approvals.
💡 Why Choose NNRV Trade Partners for Advance Payment Guarantees?
✔ Expertise in Global Trade Finance – Tailored APG solutions for construction, procurement, and supply chain industries.
✔ Strong Banking Network – Secure Advance Payment Guarantees from top financial institutions.
✔ Fast Processing & Approval – Quick turnaround to ensure timely contract execution.
✔ Comprehensive Risk Management – Protection against supplier non-performance and contract failures.
✔ End-to-End Transaction Support – From issuance to compliance, we guide you through the entire process.
📢 Apply for an Advance Payment Guarantee Today!
🚀 Secure your projects and protect your advance payments with a trusted APG from NNRV Trade Partners.
📩 Contact us now to get started with your Advance Payment Guarantee application!
Advance Payment Guarantee (APG) – Protect Your Prepayments & Reduce Supplier Risk
URDG 758 | ICC-Compliant | Global Trade Protection | Supplier Credibility
Introduction: Why an APG is Essential
An Advance Payment Guarantee (APG) is a financial instrument issued by a bank or financial institution, ensuring that any advance payment made to a supplier or contractor is refunded if contractual obligations are not met. APGs are particularly critical in:
- Construction & infrastructure projects
- Procurement & supply-chain operations
- Manufacturing and industrial orders
- IT and technology integrations
Buyers gain security for upfront payments, while suppliers demonstrate credibility and unlock pre-financing opportunities for project mobilization.
How an Advance Payment Guarantee Works
- Buyer provides an advance payment to the supplier or contractor.
- Supplier secures an APG from a bank as financial assurance.
- Project execution or delivery proceeds under contractual terms.
- If the supplier fails to deliver, the buyer files a claim under the APG.
- The bank compensates the buyer up to the guaranteed amount.
Outcome: The buyer is protected, suppliers gain credibility, and funds are efficiently mobilized for project execution.
Key Features of an APG
- Protects buyers’ advance payments; ensures refunds if obligations are unmet
- Provides financial security for high-value and cross-border projects
- Strengthens supplier bidding and negotiation positions
- Issued under ICC URDG 758 rules for international compliance
- Valid throughout project completion or agreed repayment milestones
Who Needs an APG?
APGs are commonly used by:
- Construction & infrastructure contractors
- Manufacturers & exporters (equipment, commodities)
- Government and public-sector tender participants
- Procurement & supply-chain programs
- IT & technology project integrators
Business Benefits
- Mitigates buyer risk from supplier non-performance
- Enhances supplier credibility in competitive tenders
- Supports project financing and cash-flow management
- Encourages faster award decisions and competitive bidding
- Aligns incentives with contractual performance
Required Documents for APG Issuance
- Contract or purchase agreement including advance payment clause
- Company profile & trade/business license
- Memorandum & Articles of Association
- Board resolution authorizing APG issuance
- Audited financial statements for the last 2 years
- Bank statements for 6–12 months
- Bid/tender package (if applicable)
- Guarantee application specifying amount, tenor, and governing rules
All engagements are subject to ICC KYC/AML compliance and sanctions screening.
APG Issuance Process
- Submit documentation to our regional desk
- Project evaluation and draft preparation
- Review, modify, and approve APG wording
- Invoice and fee settlement
- Final guarantee issuance and advising to buyer & supplier
Case Studies: APG in Action
Case Study 1: Construction EPC Project, GCC
An engineering contractor secured an APG for a $5M advance. Results:
- Advance payment fully protected
- Mobilization funds released immediately
- Project executed on schedule with no cash-flow issues
Case Study 2: IT Systems Deployment, APAC
APG allowed the supplier to start development without waiting for milestone payments. Benefits:
- Buyer fully protected against non-delivery
- Supplier credibility strengthened for future tenders
- Reduced delays in contract execution
Case Study 3: Equipment Supply, West Africa
APG secured upfront payment for agricultural machinery. Impact:
- Cash flow maintained for supplier
- Buyer comfort ensured under URDG 758
- Fast dispute resolution mechanism in case of non-performance
Partner Banks & Global Coverage
We work with 200+ institutions globally. Example partner banks include:
- HSBC, BNP Paribas, Mashreq Bank, Standard Chartered
- Bank of China, UOB Singapore, Crédit Agricole
- PG Asia Investment Bank, Dushanbe City Bank, Standard Commerce Bank
- Additional regional & offshore banks across EMEA, APAC, and Americas
Availability depends on corridor, eligibility, and final credit approval.
Frequently Asked Questions (FAQs)
- What size of APG can you arrange?
- We can structure APGs ranging from $100K up to $50M+ depending on bank appetite and project profile.
- How long does issuance take?
- Typical issuance time is 24–48 hours from document submission to bank review.
- Which rules govern APGs?
- All APGs are structured under ICC URDG 758 rules to ensure international enforceability.
- Is cash collateral always required?
- Collateral depends on project risk, supplier history, and bank credit assessment.
- Can the APG amount reduce over time?
- Yes, milestone-based reductions can be structured as the project progresses.
- What currencies are supported?
- Major currencies such as USD, EUR, GBP, AED, and local project currency (case-dependent).
- Can APGs be combined with performance bonds?
- Yes, APGs can be structured alongside performance bonds for comprehensive risk coverage.
- Do you draft the APG wording?
- Yes, we provide full drafting and negotiation support for the guarantee text.
- Do you support public tenders?
- Yes, APGs can be structured to comply with tender requirements worldwide.
- Can the buyer claim without cause?
- No, claims must follow URDG 758 presentation requirements and contractual terms.
Secure Your Advance Payments Today
Partner with NNRV Trade Partners to structure URDG 758-compliant APGs globally. Our experts provide:
- Fast, reliable issuance and advising
- Access to top banks worldwide
- Comprehensive risk management solutions
- End-to-end support from application to project execution
📩 Contact us now to secure your Advance Payment Guarantee and protect your prepayments.
Performance Bond / Guarantee – Ensure Contractual Compliance & Project Success
URDG 758 | ICC-Compliant | Secure Supplier Performance | Global Project Confidence
Introduction: Why a Performance Bond is Critical
A Performance Bond (also known as a Performance Guarantee) is a financial instrument issued by a bank or insurer to guarantee that a supplier or contractor will fulfill contractual obligations. If the contractor fails to perform, the bond ensures the project owner can claim compensation up to the guaranteed amount.
Performance Bonds are widely used in:
- Construction & infrastructure projects
- Large-scale equipment procurement
- Public and government tenders
- IT and systems integration projects
- Supply-chain and manufacturing contracts
By issuing a Performance Bond, suppliers signal reliability, while project owners gain financial security and confidence in contractual execution.
How a Performance Bond Works
- Contractor/supplier is awarded a project and requested to provide a Performance Bond.
- The bank or insurer issues the bond in favor of the project owner.
- The contractor executes the project according to contract terms.
- In case of non-performance or delays, the owner submits a claim under the bond.
- The issuing bank/insurer pays compensation up to the guaranteed amount.
Result: Project owners are protected financially, suppliers demonstrate credibility, and contractual compliance is enforced efficiently.
Key Features of Performance Bonds
- Financial guarantee of project execution or contractual performance
- Reduces risk for owners and investors
- Enhances supplier credibility and negotiation position
- Can be structured as URDG 758 or local rules compliant
- Flexible validity: full project duration, milestones, or completion
Who Needs a Performance Bond?
Common users include:
- Construction and EPC contractors
- Equipment manufacturers and suppliers
- Public sector and government tenders
- IT and technology integrators
- Cross-border procurement and supply-chain programs
Business Benefits
- Mitigates project owner risk for non-performance
- Strengthens supplier credibility in competitive bids
- Supports project financing and mobilization of resources
- Encourages timely project execution and milestone compliance
- Aligns financial incentives with contractual performance
Required Documents for Performance Bond Issuance
- Contract / Project agreement specifying performance obligations
- Company profile & business license
- Board resolution authorizing bond issuance
- Audited financial statements (last 2 years)
- Bank statements (6–12 months)
- Bid / tender package (if applicable)
- Guarantee application including amount, tenor, and rules
All engagements are subject to KYC/AML and sanctions compliance.
Issuance Process for Performance Bonds
- Submit project documentation to NNRV Trade Partners desk
- Project evaluation and draft bond preparation
- Review and approve bond wording
- Invoice and fee settlement
- Final bond issuance and advising to project owner
Case Studies: Performance Bonds in Action
Case Study 1: Mega Infrastructure Project, Middle East
- Bond secured $15M for EPC contractor
- Owner protected from non-performance
- Project executed with milestones aligned to bond reductions
Case Study 2: Industrial Equipment Supply, Europe
- Bond covered €3M for cross-border equipment delivery
- Supplier credibility enhanced for future tenders
- Owner confidence increased; financing was easier to secure
Case Study 3: IT Systems Deployment, Asia
- Bond ensured timely delivery and performance of software integration
- Owner could claim damages in case of breach
- Contractor mobilized resources efficiently
Partner Banks & Global Coverage
- HSBC, BNP Paribas, Standard Chartered, Mashreq Bank
- Bank of China, UOB Singapore, Crédit Agricole
- PG Asia Investment Bank, Dushanbe City Bank, Standard Commerce Bank
- Additional regional & offshore banks across EMEA, APAC, and Americas
Subject to corridor eligibility, credit assessment, and institutional approval.
Frequently Asked Questions (FAQs)
- What size of Performance Bond can you arrange?
- We structure bonds from $100K up to $50M+, depending on bank appetite and project type.
- How long does issuance take?
- Typical issuance is 24–48 hours once documentation is submitted.
- Which rules govern Performance Bonds?
- URDG 758 (ICC rules) or local law/compliance can be applied depending on the project.
- Can the bond reduce over time?
- Yes, milestone-based reductions can be structured to release funds progressively.
- Is collateral required?
- Depends on project risk, supplier creditworthiness, and bank policy.
- Can Performance Bonds be combined with APGs?
- Yes, for full coverage of advance payments and performance obligations.
- Which currencies are supported?
- USD, EUR, GBP, AED, and other project-specific currencies.
- Do you draft the bond text?
- Yes, we prepare and negotiate the bond wording for compliance and enforceability.
- Do Performance Bonds support public tenders?
- Yes, structured to meet international and local tender requirements.
- Can the owner claim without cause?
- No, claims must follow contractual conditions and URDG 758 presentation rules.
Secure Your Project Performance Today
Partner with NNRV Trade Partners to structure URDG 758-compliant Performance Bonds globally. Our services include:
- Fast, reliable bond issuance and advising
- Access to top-tier banks worldwide
- Comprehensive risk management solutions
- End-to-end support from application to project execution
📩 Contact us now to secure your Performance Bond and guarantee project success.
Bid Bond / Tender Guarantee – Secure Your Tender & Strengthen Bidding Confidence
URDG 758 | ICC-Compliant | Risk Mitigation | Global Tender Security
Introduction: Why Bid Bonds are Essential
A Bid Bond (or Tender Guarantee) is a financial instrument issued by a bank or insurer to guarantee that a bidder will honor the terms of a tender if awarded the contract. If the bidder fails to execute the project or sign the contract, the bond ensures the project owner can claim compensation.
Bid Bonds are widely used in:
- Public tenders and government contracts
- Construction & infrastructure projects
- Equipment and commodity procurement
- IT and technology system projects
- Cross-border or multi-supplier supply chains
By issuing a Bid Bond, suppliers show seriousness and financial credibility, while owners protect themselves against non-serious or defaulting bidders.
How a Bid Bond Works
- Bidder submits a tender for a project.
- The bank/insurer issues a Bid Bond in favor of the project owner.
- If the bidder is awarded, they must execute the contract as per tender terms.
- Failure to sign or honor the contract triggers a claim under the bond.
- The issuer pays the owner compensation up to the guaranteed amount.
Result: Project owners are financially protected, and bidders demonstrate credibility and commitment.
Key Features of Bid Bonds
- Guarantees seriousness of tender submissions
- Financial security for project owners
- Enhances bidder credibility and competitiveness
- Structured under URDG 758 or local rules
- Short-tenor, typically valid until contract award
Who Needs a Bid Bond?
- Construction contractors bidding on public infrastructure projects
- Manufacturers and suppliers participating in procurement tenders
- IT and technology integrators submitting bids for system projects
- Cross-border tender participants requiring global banking credibility
Business Benefits
- Mitigates risk for project owners and tender issuers
- Strengthens bidder’s position in competitive tenders
- Supports financing or mobilization planning for awarded projects
- Encourages fair bidding and compliance with tender rules
- Aligns incentives with contract award and execution
Required Documents for Bid Bond Issuance
- Tender / bid submission documentation
- Company profile & trade license
- Board resolution authorizing bond issuance
- Audited financial statements (last 2 years)
- Bank statements (6–12 months)
- Bid/Tender specifications and instructions
- Guarantee application specifying amount, tenor, and governing rules
All requests undergo full KYC/AML and sanctions screening.
Issuance Process for Bid Bonds
- Submit bid and documentation to NNRV Trade Partners
- Project and credit evaluation
- Draft bond preparation and review
- Approval, invoice settlement, and final issuance
- Bond advising to project owner
Case Studies: Bid Bonds in Action
Case Study 1: Government Infrastructure Tender, Africa
- Bid bond of $2M issued for contractor participation
- Owner protected against non-serious bidders
- Contract awarded, bond returned upon contract signing
Case Study 2: IT Systems Tender, Asia
- Bid bond for $500K secured via URDG 758
- Bidder demonstrated financial credibility and commitment
- Project executed with timely mobilization and completion
Case Study 3: Construction Equipment Tender, Europe
- Bid bond ensured supplier reliability for €1.2M tender
- Owner could claim if bidder defaulted
- Contractor delivered successfully; bond released
Partner Banks & Global Coverage
- HSBC, BNP Paribas, Standard Chartered, Mashreq Bank
- Bank of China, UOB Singapore, Crédit Agricole
- PG Asia Investment Bank, Dushanbe City Bank, Standard Commerce Bank
- Additional regional & offshore banks across EMEA, APAC, and Americas
Subject to corridor eligibility, credit assessment, and final institutional approval.
Frequently Asked Questions (FAQs)
- What amount can you arrange for a Bid Bond?
- From $50K to $10M+, depending on tender and bank appetite.
- How long does issuance take?
- Typically 24–48 hours after submission of documentation.
- Which rules govern Bid Bonds?
- URDG 758, ICC standards, or local tender regulations.
- Is collateral needed?
- Depends on bidder’s credit profile and bank policy.
- Can Bid Bonds be combined with APGs or Performance Bonds?
- Yes, for integrated project finance and risk mitigation.
- Can the bond be reduced or released?
- Yes, typically released upon contract award and signing.
- Which currencies are supported?
- USD, EUR, GBP, AED, and project-specific currencies.
- Do you draft the bond wording?
- Yes, tailored for compliance, enforceability, and project requirements.
- Do Bid Bonds support international tenders?
- Yes, structured to meet cross-border tender requirements.
- Can the owner claim without cause?
- No, claims must follow contract and URDG 758 presentation rules.
Secure Your Tender Today
Partner with NNRV Trade Partners to structure URDG 758-compliant Bid Bonds globally. Benefits include:
- Fast issuance and advising to project owners
- Global bank network access
- Full risk mitigation for tenders
- Guidance from application to award and contract execution
📩 Contact us now to secure your Bid Bond and strengthen your tender position.
Comprehensive Project Guarantees – APG, Performance Bonds & Bid Bonds for Maximum Security
URDG 758 | ICC-Compliant | Risk Mitigation | Global Trade & Tender Security
Introduction: Why Integrated Project Guarantees Matter
Large-scale projects, cross-border contracts, and high-value tenders require robust financial security. NNRV Trade Partners provides comprehensive solutions combining:
- Advance Payment Guarantees (APG) – protect upfront payments
- Performance Bonds – ensure contractual obligations are met
- Bid / Tender Bonds – secure bidding credibility
- Payment Guarantees – safeguard scheduled or milestone payments
This integrated approach reduces risk for buyers and owners, strengthens suppliers’ credibility, and enables efficient project execution.
How Integrated Guarantees Work
- Buyer or project owner defines guarantee requirements (APG, Performance, Bid, Payment).
- Supplier/contractor applies via NNRV Trade Partners; documentation submitted for KYC/AML checks.
- Guarantees structured under URDG 758 or local rules, tailored to project and tender terms.
- Banks or insurers issue guarantees; advising sent to project owner if needed.
- In case of default, non-performance, or claim, the bank pays up to the guaranteed amount.
Result: Buyers/owners are financially protected, suppliers signal credibility, and project execution flows smoothly.
Key Features of Comprehensive Guarantees
- Coverage of prepayments, performance, tender participation, and milestone payments
- ICC URDG 758-compliant, enforceable worldwide
- Customizable tenors, amounts, currencies, and reduction schedules
- Multi-beneficiary and multi-tier structures available
- Digital document verification and automated claim processing
Who Needs Integrated Guarantees?
- Construction & infrastructure contractors
- Manufacturers & exporters of equipment, commodities, or technology
- Public and private-sector tender participants
- Procurement, supply-chain, and project financing programs
- Cross-border or multi-supplier projects requiring strong banking credibility
Business Benefits
- Mitigates financial and performance risk for all parties
- Enhances credibility of suppliers and bidders
- Supports cash-flow and mobilization planning
- Enables milestone-based or progressive releases
- Streamlines tender participation and contract execution
- Integrates APG, Performance, Bid, and Payment guarantees into a single strategy
Required Documents
- Project contract / tender documents
- Company profile & trade license
- Board resolutions authorizing guarantees
- Audited financial statements (2 years)
- Bank statements (6–12 months)
- Guarantee application specifying amounts, tenors, currencies, and rules
- Bid / Tender packs if applicable
All submissions undergo full KYC/AML and sanctions screening.
Case Studies: Integrated Guarantees in Real Projects
Case Study 1: Multi-Million Infrastructure Project, Africa
- APG of $3M secured upfront payments
- Performance Bond of $5M ensured contract completion
- Bid Bond guaranteed tender credibility
- Owner filed no claims; project completed on time with full compliance
Case Study 2: IT Systems Deployment, APAC
- Payment Guarantees aligned with milestones
- Performance Bonds ensured delivery quality and timelines
- Project owner mitigated all financial risk while mobilizing the contractor
Case Study 3: Construction Equipment Supply, Europe
- APG protected upfront procurement costs
- Bid Bond secured competitive tender participation
- Integrated guarantee structure accelerated contract award and execution
Global Partner Banks
- HSBC, BNP Paribas, Standard Chartered, Mashreq Bank
- Bank of China, UOB Singapore, Crédit Agricole, PG Asia Investment Bank
- Dushanbe City Bank, Standard Commerce Bank, and regional / offshore institutions
Access subject to corridor, credit assessment, and institutional approval.
Frequently Asked Questions (FAQs)
- Can multiple guarantees be combined in a single project?
- Yes, APG, Performance, Bid, and Payment guarantees can be structured in integrated multi-tier instruments.
- What are typical issuance times?
- 24–48 hours for standard guarantees after submission and KYC/AML clearance.
- Which rules govern these guarantees?
- URDG 758, ICC standards, or local regulatory frameworks as applicable.
- Is cash collateral always required?
- Depends on bank credit assessment and project risk profile.
- Can guarantees be reduced over time?
- Yes, milestone-based reductions are common for APGs and Performance Bonds.
- What currencies are supported?
- USD, EUR, GBP, AED, and other project-specific currencies.
- Do you draft and review guarantee wording?
- Yes, all documents are tailored for compliance, enforceability, and project requirements.
- Are integrated guarantees suitable for international tenders?
- Yes, structured to meet cross-border requirements and multiple jurisdictions.
- What if the contractor defaults?
- The bank or insurer pays the owner up to the guaranteed amount according to URDG 758 and contractual conditions.
- Do you provide end-to-end support?
- Yes, from application, issuance, advising, and compliance management to final release.
Secure Your Project with Comprehensive Guarantees
NNRV Trade Partners delivers global, ICC-compliant solutions integrating APG, Performance Bonds, Bid Bonds, and Payment Guarantees. Benefits include:
- Full risk mitigation for projects, tenders, and prepayments
- Fast issuance with multi-bank advising
- Global coverage across all major trade corridors
- Guidance from application to project completion
📩 Contact us today to structure integrated guarantees and secure your projects with maximum financial protection.