Shipping Guarantee Issuance

Shipping Guarantee Issuance

Shipping Guarantees are issued by CB Bank to the shipping companies on behalf of the importers for delivery of shipping documents to the importers in lieu of the original Bill of Lading for clearance of goods to avoid demurrage charges.

FEATURES AND BENEFITS

Other similar Bank Guarantee Services :  Issuance of Deliver Orders / Airway Trust Receipt

CB Bank can issue a Delivery Order for release of Cargo from the Airport against production of the following Documents and 100 percent Cash Margin / Facility

  • Commercial Invoice
  • Packing List
  • Airway Bill
REQUIREMENTS

  • Application with Company Letter Head

  • Bill of Lading (Copy)

  • Commercial Invoice / Packing List (Copy)

  • Indemnity Bond Form Bank

  • Shipping Guarantee Form from Shipping Line

  • Import License Original (If need)

  • 100 percent Cash Margin/ Facility with Collateral Security
RATES AND FEES (SUBJECT TO CHANGES)

Pre-arranged fees & charges