A written document issued by Bank of China Brunei Branch at the request of the Customer to the Owner of a contracted project or the buyer of a sales deal, guaranteeing the applicant will strictly perform the contracts. 

Performance Guarantee solves the problem of mutual mistrust between both parties of a transaction. With good reputation, Bank of China Brunei Branch involves in the transaction and acts as a Guarantor to promote smooth transaction by providing guarantee for the parties.　

Guarantee fulfillment of contractual obligations, as well as quality of the subject matter of contract. 

Indemnify the damaged party and penalize the defaulting party in case of breach of contract to avoid or reduce contract breaching activities, thus saving trouble and expenses arising from litigation or arbitration.

Performance Guarantee suits contractors involved in contracted projects as well as suppliers involved in material procurement projects. 

A written document issued by Bank of China Brunei Branch at the request of the Tenderee for bids of construction and procurement of project, committing that the Tenderer will not withdraw or amend its bid during the validity period of the bid, and will sign the contract or submit performance guarantee within the preset time once winning the bid. 

Tender Guarantee solves the problem of mutual mistrust between both parties of a transaction. With good reputation, Bank of China Brunei Branch involves in the transaction and acts as a Guarantor to promote smooth transaction by providing guarantee for the parties. 

Reduce the financial pressure. As an alternative to cash margin, it can reduce tied up fund of the Tenderer. 

Indemnify the damaged party and penalize the defaulting party in case of breach of contract to avoid and reduce contract breaching activities, thus saving trouble and expenses arising from litigation or arbitration. 

Performance Guarantee suits contractors involved in contracted projects and suppliers involved in material procurement projects.

A written document issued by Bank of China Brunei Branch at the request of a customer to the owner of a contracted construction or the buyer of a sales deal, guaranteeing the Applicant will fulfill the contractual obligations after the owner or the buyer makes advance payment.

Advance Payment Guarantee solves the problem of mutual mistrust between both parties of a transaction. With good reputation, Bank of China Brunei Branch involves in the transaction and acts as a Guarantor to promote smooth transaction by providing guarantee for the parties. 

Guarantee fulfillment of contractual obligations. 

Guarantee payment of contract price. 

Indemnify the damaged party and penalize the defaulting party in case of breach of contract to avoid and reduce contract breaching activities, thus saving trouble and expenses arising from litigation or arbitration. 

Advance Payment Guarantee suits contractors involved in constructed projects, suppliers involved in material procurement projects and sellers involved in shipbuilding contracts. 

Shipping Guarantee refers to a written guarantee, issued by the Bank which will bear joint liability, and is presented by the Importer to the Carrier or its agent for picking up the goods in the case of arrival of cargo prior to the receipt of the Original shipping documents. Shipping Guarantee is commonly used under L/C with full set of documents of title to goods.

Shipping Guarantee assists importers in obtaining documents of title to goods, picking up and reselling goods in case of arrival of goods prior to documents. 

Less financial expense -- Importers can pick up goods in time to avoid demurrage charge.

Shipping Guarantee is applicable in the case of short shipping voyage and the goods arriving prior to the receipt of the Original shipping documents.