SURETY BONDS

The insurance market offers a viable alternative to the arrangement of bonds through a bank. It does not tie up valuable overdraft facilities and underwriters do not normally require tangible security. Furthermore, unlike a bank, an insurer will only meet bona fide claims by the beneficiary.

One off bonds or revolving facilities is available.

TYPES OF BONDS

CONTRACT GUARANTEE/PERFORMANCE

TENDER/BID

ADVANCE PAYMENT

MAINTENANCE

S38 HIGHWAYS ACT BOND

S18 SEWERS BOND

COURT BONDS

GOVERNMENT BONDS

CUSTOMS AND RELATED BONDS INCLUDING:

• Intervention Board for Agricultural Produce
• Carnet de Passage
• ATA Chamber of Commerce Carnet
• VAT/Duty Deferment

TRAVEL INDUSTRY BONDS INCLUDING:

• A.B.T.A.
  I.A.T.A.
  A.T.O.L.

DEFERRED CONSIDERATION BONDS