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Compete Boldly. Bid Securely
Our Bid Bonds service demonstrates your financial capability and commitment when participating in tenders. Issued by ICB, this guarantee assures project owners that you will honor your bid and proceed with contract signing if awarded. Issued under ICC URDG 758.
Benefits
International Recognition
Accepted by local and global contracting bodies.
Risk Protection
Project owners assured of compensation if bidder defaults.
Stronger Credibility
Enhances your standing in competitive tenders.
Tariff Guides
Refer to tariff guide
Requirements
Applicant must maintain an account and approved credit facility with ICB.- Valid tender or bid invitation documents.
- Application specifying bid amount, validity period, and terms of the guarantee.
- Supporting company and project documentation as required.
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Our Documentary Collections service provides a safe, cost-effective, and internationally recognized method of handling import and export payments.
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Letters of Credit (LCs)
A trusted trade finance solution that provides payment assurance for international transactions against compliant documents.
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Bank Guarantees
Strengthen your business credibility with bank guarantees that support tenders, contracts, and performance obligations.
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Performance Guarantees
Strengthen confidence in your project delivery with a performance guarantee that supports contractual commitments.
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Alternative Delivery Channels
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Agency Banking
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Internet Banking
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Mobile Banking
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ICB Umoja Debit Card
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ICB Mastercard Debit Card
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