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Bid Bonds
This product is tailored to help customers who participate in tenders capture the contracts they desire with no hustle. Open to both existing and new to Bank customers.
Features
- Unsecured Bid Bond of up to Kshs.5,000,000 for a maximum tenure of one year
- Processing within 30min*
- A fee of 1% per quarter of the bid bond requested
- Minimum Kshs.3,000 (if secured), Kshs.4,000 (if unsecured)
*Terms and conditions apply
Requirements
- Application form
- Tender documents
- New to Bank customers will be required to open an account