Bank Guarantees

Kazakhstan bank guarantees are the guarantees provided for taking part in tenders within the territory of the Republic of Kazakhstan, and for guaranteeing the interests of contracting parties being neither export nor import.

Bank offers you the following types of guarantees:

Blank tender guarantee is issued for taking part in tenders on purchase and delivery of goods and services organized by the beneficiary, obligations of the Borrower under which are not collateralized before the Bank;
BTA tender guarantee is issued for taking part in tenders on purchase and delivery of goods and services organized by the beneficiary, obligations of the Borrower under which are fully/partially collateralized before the Bank by cash/property;
BTA guarantee is a guarantee of discharge of obligations of the Borrower under the Contract for state procurements/Contract/Agreement (return of advance payment, effect of payments/payment of customs duty/taxes), obligations of the Borrower under which are fully collateralized before the Bank by cash/property.

Blank tender guarantees


Requirements to debtor/borrower/applicant	For SME clients of BTA Bank JSC 1) Stable cash proceeds on the current account within the last three months, opened with the Bank, the number of average-monthly net credit transactions on current account prior to filing of application for issue of guarantee to the Bank being not less than three (3) transactions. Client of other STB 1) Stable cash proceeds on the current account during the last six months, opened with the second tier bank, the number of average-monthly net credit transactions on current account prior to filing of application for issue of guarantee to the Bank being not less than three (3) transactions.
Regarding Tender guarantees, issued to the Creditors included into the List of good debtors	Provision of Blank tender guarantees without analysis of net credit transactions and turnovers on current account is possible in case of the following conditions: - the Borrower conducts contract works with customers, who are included into the List of good debtors; - in the event of positive experience of the Borrower’s working with the customer included into the List of good debtors, namely not less than 2 Contracts worked through with the customer.
Amount	For SME clients of BTA Bank JSC Maximal amount of Guarantee – not exceeding the amount of average-monthly NCT for the last 3-12 (not less than three and not more than twelve) months on current account of the Applicant with BTA; Client of other STB Maximal amount of Guarantee – not exceeding the amount of average-monthly NCT for the last 3-12 (not less than three and not more than twelve) months on current account of the Applicant with BTA;
Guarantee provision period	Up to 4 months. In the event bankruptcy documentation provides for longer period, Collateralized guarantee shall be provided.
Currency	Tenge
Fees (collected according to the tariffs of the Bank)	1) Issuing fee 2) Fee for consideration of application

NCT* - net credit turnover

BTA tender guarantees


Amount	Not exceeding the collateral value (amount of deposit/collateral value on the special account/collateral value of movable and immovable property)
Possible provision of partially collateralized guarantee (combined)	Amount of Combined guarantee shall be calculated as follows: Combined guarantee = uncollateralized part (blank) + part collateralized by cash (pledge of cash/deposit).
Guarantee provision period	Maximal period: Up to 4 months. In the event bankruptcy documentation envisages longer period, Collateralized guarantee shall be provided
Currency	Tenge
Collateral	1) Collateral in the form of deposit/pledge of right of claim under the agreement of right of claim; 2) Collateral in the form of pledge of cash; The amount of collateral in the form of deposit/pledge shall be not less than the guarantee amount and cover interest amount for three months. Currency of Guarantee Agreement and currency of Collateral Agreement in the form of deposit/pledge should be identical. 3) Collateral in the form of movable (excluding money to be received in future) and immovable property
Fees (collected according to the tariffs of the Bank)	1) Issuing fee 2) Fee for consideration of application

BTA guarantees


Amount	Not exceeding the collateral value (amount of deposit/collateral value on the special account/collateral value of movable and immovable property)
Guarantee provision period	Maximal period: 24 months
Currency	Tenge
Collateral	1) Collateral in the form of deposit/pledge of right of claim under the agreement of right of claim; 2) Collateral in the form of pledge of cash; The amount of collateral in the form of deposit/pledge shall be not less than guarantee amount and cover interest amount for three months. Currency of Guarantee Agreement and currency of Collateral Agreement in the form of deposit/pledge should be identical. 3) Collateral in the form of cash to be received in future under the Contract, with further placement on deposit/special account (pledge). 4) Collateral in the form of movable and immovable property
Fees (collected according to the tariffs of the Bank)	1) Issuing fee 2) Fee for consideration of application