·        Letters of Guarantee:

Whether you need the bank guarantee for a local beneficiary or a one outside the country, and whether it is a Bid Bond, Advance Payment, Performance Guarantee, or a Payment Guarantee; CAC Bank offers you a full range or Bank Guarantees that suits any corporate’s operations requirements.

After completing a specific procedure required for setting a credit limit for the customer, we in CAC Bank will be ready to negotiate any customization for the service that help you most meet your specific needs.

Counter Guarantees:

For foreign companies that is required to issue a local guarantee in favor of any beneficiary in Yemen,  CAC Bank offers the service of issuing our own guarantee to the designated beneficiary against a counter guarantee issued in favor of CAC Bank from any International Bank.

The cost of this service is based on a mutual agreement considering the value and validity period of the guarantee.