Request Bank Guarantee Approval

Description

This service enables developers to obtain the necessary approval to request a Bank Guarantee, allowing access to project disbursements upon submission of the required financial guarantee.

Required Documents

• Bank Guarantee
• Engineering Report

Business Rules

N/A

Service Fees

• Electronic Administrative Fees = AED 12000 + 5% VAT

Application Journey

• Start your application through the available channels.
• Search for or filter the project.
• Fill in the Bank Guarantee Details.
• Upload the required documents.
• Review the application.
• Submit the application for signatory approval.
• Submit the application for Admin approval.
• Pay the applicable fees.
• Download Bank Guarantee Approval.

Payment Methods

 • Your Wallet
• Credit Card/Debit Card

Service Channels

• DARI Website.
• DARI App.
• ADREC at Your Place
• ADREC Trustee Office

Service Output

Bank Guarantee Approval