What is Performance Bond MT760 & How to Apply MT760?

1. Performance Bond for Construction Performance Bond for Construction Avail MT760 from Rated Banks Avail MT760 from Rated Banks What is Performance Bond? What is Performance Bond? Performance Bond or Performance Guarantee is issued on behalf of the contractor & in favor of a developer to guarantee their performance and assures the satisfactory completion of the project. This bond also ensures that the work will be continued as per the signed contract, even in any unforeseen circumstances. A Performance Bond is most commonly used in construction industry to secure a client against the risk of non- performance of the contractor. Like all other surety bonds, a performance bond is a written undertaking between three parties: The Contractor– The one who needs a bond to guarantee their performance The Developer– The one who receives a bond in their favor The signed contract. Bank – The issuing bank who assures that the contractor will perform as per the Nowadays, almost all developers require contractors to provide Performance Bond before involving them in the project. Because, this assures that if the contractor defaults or unable to perform as per the term, then the developer can call the bond. Or else, the bank will arrange a new replacement contractor to carry out the remaining work. How to Avail Performance Bond? How to Avail Performance Bond? Are you in need of Performance Bond to acquire a profitable construction contract? Thinking to get help from banks to avail PB MT760? Getting Performance Guarantee from banks is not an easy task as you think! They may demand 1 - 10% of the total project value, as a cash margin to provide performance bond on behalf of you! That’s why, we are here for you! Being a performance bond provider, Bronze Wing Trading can help you by providing the required bond without blocking your cash capital. To apply for Performance Bond from us, follow the simple steps below:- 1. Submit your requirement to us by providing the copy of the contractual terms of the project. 2. We will analyze the project terms & approve your request. 3. After approval, we will request you to sign the service agreement with us and also to pay the admin charges to proceed with the next step. 4. Once we receive the admin charges and signed service agreement, we will block our bank limit and will start working to structure your required bond. 5. Further, once it’s done, we will send the PB draft for your review and approval. And also, we will request you to send the needed documents & to pay the PB issuance fee charges. 6. After receiving the PB draft approval, documents and charges, we will forward your request to our bank. After completing all the formalities, the bank will open a performance bond guarantee on behalf of your company from our bank account. 7. This Performance Bond is transmitted to the developer’s bank via Swift MT760. Having Performance Bonds Assures: Having Performance Bonds Assures:- - The positive completion of the project Gives peace of mind to developers that there is no need to incur additional costs Do You Require Performance Bond Guarantee to Avail Lucrative Contract? Do You Require Performance Bond Guarantee to Avail Lucrative Contract? Contact Bronze Wing Trading Contact Bronze Wing Trading L.L.C. today! L.L.C. today! Submit Your Requirements to Us: support@bwtradefinance.com or call us @00971-4-5519699 Visit https://www.bwtradefinance.com

2. https://www.bwtradefinance.com/performance https://www.bwtradefinance.com/performance- -bond bond Submit Your Requirements to Us: support@bwtradefinance.com or call us @00971-4-5519699 Visit https://www.bwtradefinance.com