Guarantees and Bonds

Delivering on your contractual obligations has never been easier

Overview

Delivering on your contractual obligations has never been easier. With the BANK OF AFRICA guarantees and bonds offer, you are provided with support along each step of performing your contractual obligations.

Discover our guarantee offering below. 

ANNUAL LIMITSAnnual financing limits available to reduce delays in processing of your recurring guarantee requests
UGX 200M UNSECURED BIDSAccess bid bonds up to UGX 200 Million unsecured
WORKING CAPITAL SUPPORTImprove contract terms with your employer and ease pressure on your working capital
MULTI-CURRENCYAccess multi-currency guarantee options
FULL CONTRACT CYCLEAccess affordable guarantees for your full cycle from tendering to contract hand over
FAST ProcessingThere when you need it. No delays. Same day processing for bid bonds

Discover Our Guarantee Offering

A bid bond is a type of surety bond issued by BANK OF AFRICA in favor of requesting entities guaranteeing that the bidder will accept the project or contract and complete it according to its terms.

Is your business applying for a tender to supply services or goods? Call us today to enjoy the following benefits.

  • Get unsecured bid bonds of up to UGX 200 Million
  • Enjoy our affordable pricing
  • Same-day processing for bid bond applications.
  • Same-day for guarantee verification to employers.
  • Annual limits available to you
  • Contact us today and explore our tailor-made and affordable credit pricing options

Download our services and products pricing guide for more information.

Ways to Apply

OPEN A BUSINESS ACCOUNTFill out your secure business account application in under 20 minutes to get started today
Apply
Online
Book an appointmentMeet with one our Relationship Managers at a branch, your office or virtually to discuss your credit needs
Book
Now
Call UsReach our Service team now to get quick help in signing up for our services
Call
0800 100 140
Request A call backOne of our Specialists will call you at a time of your convenience
Call
Back

Compare Products

Featured image for “Asset Finance”

Asset Finance

Looking to acquire trucks, new plant or machinery to expand…
Add To Compare
Featured image for “Term Loan”

Term Loan

Do you need to expand your existing or acquire new…
Add To Compare
Featured image for “Documentary Collections”

Documentary Collections

Our Bills for Collection Team is prepared to handle your…
Add To Compare
Featured image for “Invoice / Certificate Discounting”

Invoice / Certificate Discounting

Enjoy this is a short term financing option that helps…
Add To Compare
Featured image for “Insurance Premium Finance”

Insurance Premium Finance

Do you need to cover your family, car, house but…
Add To Compare
Featured image for “Bid Bonds”

Bid Bonds

Delivering on your contractual obligations has never been easier. With…
Add To Compare