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 Letters of Guarantees (LGs)

The International Department also issues Rial letters of guarantee against foreign currency guarantees in favor of its customers. In addition, it is geared up to issue:
 
o   Performance Bonds
o   Advance Payment Guarantee
o   Retention Money Guarantee
o   Guarantee for International Tender (Tender Bond ) and
o   Counter Guarantee for Services and Commodities Exporters.