How to Apply
- Apply online, click here
- Apply for loan or for more information, please contact our Business Center near you.
Key Features
Bangkok Bank will issue Letters of Guarantee (L/G) to assure your counterparties that the terms of the contract will be fulfilled. If you don’t fulfill the contracts, we will be responsible on your behalf as stated in the letters. The L/G can be issued for many business purposes including:
- Bid bonds
- Performance bonds e.g. hiring contract performance bond, payment performance bond, electricity guarantee
Guarantee Limit
As per Bangkok Bank’s conditions
Guarantee Term:
Minimum of 90 days
Collateral:
Deposits, property, or as prescribed by Bangkok Bank
Qualifying Criteria
- Individual business owner or juristic person
- Age 20 - 65 years old (for individual customers)
- Good business performance and financial record
- Authorization to Bangkok Bank to check National Credit Bureau record
- Other conditions as specified by Bangkok 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)
- Identification, financial and collateral documents
- Documents of loan applicants (as in following table)
header-blue
| 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.