Bonds & Guarantees

Construction Contract & Trade Facilitation bonds & guarantees. These bonds are mostly offered to construction companies when they undertake construction and infrastructural development works. Performance and Advance Payment Bond may also be demanded by institutional purchasers after engaging specialised suppliers. | Bid/Tender Bond | Performance Bond | Retention/Maintenance Bond | Advance Payment Bond | Private Railway Siding Bond

Bonds & Guarantees

Customs Bonds & Guarantees. These bonds are required by customs and revenue collection authority (ZIMRA) from all entities dealing with the authority on a commercial basis. | Customs Clearing Agent Bond | Warehouse Bond | Removal and Transit Bond | Application for Temporary Importation Privileges (ATIP) Bond | Commercial Vehicle Guarantee (CVG) / Temporary Importation Bond | Excise Manufacturers Bond | Spirit Rebate Bond | Inward Processing Rebate Bond | Electrical Manufactures Bond | Clothing Manufacturers Bond

Bonds & Guarantees

Estate Administration Bonds Court appointed estate executors are always requested to deposit a surety security bond with the Master of High Court as a way of ensuring that a fall-back position is available to the estate beneficiaries in instances where the executors mismanage the estates under their administration. | Judicial Management Bond (Provisional/Final) | | Liquidation Bond (Provisional/Final) | Deceased Estate Executors Bond

Trade Credit Insurance

Export Credit Insurance Offered to exporters to cover the risk of non-payment when they offer trade credit to foreign buyers. Supply Chain Finance Credit Insurance Offered to shipping and freight companies offering services such as upfront settlement of obligations like industrial confirming, duty & freight charges settlement on behalf of their importing clients.

Trade Credit Insurance

Domestic Credit Insurance Offered to local suppliers to cover the risk of non-payment when they offer trade credit to local companies Receivable Purchaser/ Trade Finance Credit Insurance Offered to trade finance and banks when they conduct invoice discounting and debt factoring services, covering the risk of payment default posed by the underlying debtors on factored or discounted invoices

Agricultural Insurance

-Crop insurance packages for all seasons, targeting food security

-Horticultural insurance covering field to market options

-Machinery and equipment cover with acquisition and replacement finance options

-Livestock and poultry cover with embedded credit protection