Letters Of Guarantee

A Letter of guarantee is an irrevocable undertaking issued by the Kuwait Finance House to pay the beneficiary on demand, if the client fail to honor his obligation with beneficiary and according to letter of guarantee terms and conditions and it is widely used domestically.

Stand-by Credit

A Standby Credit is an irrevocable undertaking issued by the Kuwait Finance House to pay the beneficiary if the applicant fails to fulfill their contractual obligations and it is widely used in international trade.

Products 

1. Local Tender Letter of Guarantee.
2. Local performance Letter of guarantee.
3. Local maintenance Letter of guarantee.
4. Local retention Letter of guarantee.
5. Local advance payment Letter of guarantee.
6. Local purchase Letter of guarantee.
7. Other Local Letter of Guarantee and Labor.
8. International Letter of Guarantee.
9. Local and International Stand-by Credit.

Products Benefits 

1. Customer may request the service from any branch and receive it on the same day.
2. Competitive issuing fees.

Fees 

1. As per credit facility.
2. Link to KFH tariff list: click here

Eligibility

1. Credit facility client.
2. Walk in clients.

Terms and Conditions  

• According to credit facility terms and conditions.
• Terms and conditions are part of the application.

Application

1. Application for issuing letter of gurantee: click here
2. Application for amending letter of gurantee: click here 
3. Cancellation of LG & LC: CLICK HERE