Service Details
Supporting 9 types of Electronic Letters of Guarantee for Business.
- LG Contractor Performance
- LG Electricity
- LG Goods Payment
- LG Bid Bond
- LG Advance Payment
- LG Maintenance Warranty
- LG Retention
- LG Infra-Structure for Real Estate
- LG Loan Payment
(Please note that available types of LG depends on each beneficiary.)
Bualuang e-Guarantee Steps
Applicants can request an Electronic Letter of Guarantee via an online channel or by visiting a Business Center. It will be delivered to applicants/beneficiaries electronically and they can view reports of outstanding LG and track issuance via the Bangkok Bank system
Remark: In case of requesting for LG in paper format, applicants can pick up LG at a Business Center.
Who can use it?
- Be an individual or juristic person registered with the Ministry of Commerce in Thailand.*
*Individuals must be 20 - 65 years old - Have a good business performance and financial record.
- Authorize Bangkok Bank to check National Credit Bureau records.
- Other conditions as specified by the Bank
Required Documents
- Documents which relate to the purpose of the guarantee e.g. purchasing and/or hiring bid, contract and/or draft - contract, invoice, purchase order.
- Template or sample of Letter of Guarantee from beneficiary (if any)
- Documents regarding personal identification, finance and collateral.
- Other documents from loan applicants as in following table:
| for Individuals | for Juristic Persons | |||
| Required documents | Borrower/ Co-borrower | Guarantor/ Spouse | Juristic Persons | Authorized signatory / Shareholders of over 20% |
| Identification Documents | ||||
| A copy of Thai Citizen ID card; | ✔ | ✔ | - | ✔ |
| A copy of house registration; | ✔ | ✔ | - | ✔ |
| A copy of name/surname change certificate (if any); | ✔ | ✔ | - | ✔ |
| A copy of marriage/divorce certificate (if any) | ✔ | ✔ | - | ✔ |
| A copy of trade or commercial registration; | ✔ | - | - | - |
| Certificate of Juristic Person Registration from the Ministry of Commerce, objectives and articles of association (no more than 1 month); | - | - | ✔ | - |
| The Memorandum of Association (no more than 3 months); | - | - | ✔ | - |
| List of shareholders (no more than 3 months); | - | - | ✔ | - |
| Certificate of corporate seal; | - | - | ✔ | - |
| Financial Documents | ||||
| A copy of bank statement from financial institutions for the past 6 months; | ✔ | - | ✔ | ✔ |
| A copy of financial statement dating back at least 3 years; | - | - | ✔ | - |
| A copy of Por Por 30 form for the past 6 months. | - | - | ✔ | - |
| Collateral Documents | ||||
| A copy of certificate of ownership for properties to be pledged as collateral, e.g. title deed, building ownership documents (for buildings), a copy of passbook (for deposit guarantee), etc. | ✔ | - | ✔ | - |
Note: The Bank reserves the right to approve loans under our terms and conditions.
How to Apply
Apply for the Bualuang e-Guarantee for Business at any Bangkok Bank Business Center.
For more information, call us at Corporate Service Center (66) 0 2031 7888 on Monday - Friday (excepting Bank holidays) from 8:00a.m.–8:30p.m. or Email: tradeservices.cs@bangkokbank.com