Our Bid and Performance Bank Guarantees are widely accepted by many government institutions. As a trusted government partner, we have signed a Memorandum of Understanding with the Royal Government of Cambodia’s Ministry of Economy and Finance (MEF) to accept our Bid and Performance Bank Guarantees for government projects at both national and commune levels. Easily pay the service fees of Bid and Performance Guarantees at any Canadia Bank branch nationwide.

‍Payment Methods:

1. Visit your nearest branch

Service Charge: 

*Fee charges vary by Security Type (either Deposit Account / Overdraft or Fixed Deposit or Credit Line)For Deposit Account / Overdraft:

• Issuance Fee: 0.08% of the Guarantee Amount per Guarantee Month(s)
• Minimum Fee for Sub-National Procurement: USD 6 or KHR 24,000
• Minimum Fee for National Procurement: USD 10 or KHR 40,000

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For Fixed Deposit:

• Approval Fee: USD 100 or KHR 400,000 is charged per transaction
• Issuance Fee: 1.2% per year (or pro-rate 0.1% per month), minimum of USD 50 or KHR 200,000

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For Credit Line

• Approval Fee and Issuance Fee are subject to credit approval, granted based on credit policy and customer creditworthiness

Required Documents at Canadia Bank Counter

For Bid Guarantee‍

• Bid Information issued by National Committee for Sub-National Democratic Development (NCDD)

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For Performance Guarantee‍

• Project Letter / or Acceptance Letter / or other agreements signed by Local Authority or Project Owner

Public Service Operation HourCanadia Bank Counter:

• Branches with Extended Hour: 08:00 AM - 07:30 PM
• Branches with Normal Operating Hour: 08:00 AM - 04:00 PM