Advance Payment Guarantee

The FBNBank Advance Payment Guarantee enables customers receive advance payment for contracts in furtherance of executing key projects.

Features

  • There should be evidence of major past contract awards
  • Customer must have executed similar contracts in the past

Benefits

  • Helps customers facilitate the execution of contracts

Required Documentation

  • Application letter
  • Certificate of registration of business entity
  • Evidence of previous contracts
  • Contract letters and full contract documents
  • Bill of quantities for a construction contract
  • Audited financials
  • Company’s financials
  • Other Banks’ statement of account of 12 months preceding application

To apply for the Advance Payment Guarantee,

  • Visit the nearest FBNBank Gambia branch

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