Etimad Platform - Bank Guarantee

Etimad Platform - Bank Guarantee


In line with the vision 2030 of the Kingdom of Saudi Arabia in building a digital government, improving work efficiency, and increasing the effectiveness of projects according to the needs of the national economy, it launched the Etimad platform for the bank guarantor service, which in turn enables the banking sector and government agencies to manage bank guarantees related to government competitions and purchases through the Etimad platform

The bank guarantee service enables the banking sector and government agencies to manage bank guarantees related to government competitions and purchases through an Etimad platform. This can be done through integration with the financial and banking sector


Features & Benefits

1- Providing a better experience for government agencies and the banking sector through a unified and central database of bank guarantees.
 2- Developing procedures and automating paper-based processes.
 3- Monitoring performance and measuring indicators with significant results
 4- Improving operational efficiency in processing bank guarantees operations
 5- Reducing fraud and financial crimes and to increase the customer satisfactory
 6- Saving time and effort for the beneficiaries of the private sector and the banking sector

How to Register

1 -Login to the Etimad platform   
 2- Agree to the terms and conditions
 3- Review incoming issuance requests
 4- Accept the request / reject the request / request additional information
 5- If the version data is included
 6- Confirm to issuance the further process

Terms and Conditions 

1- The required documents & information are to be submitted through the approval platform
 2- The applicant must have a bank account to register on the Etimad platform
 3- Upon creating the account, all terms and conditions are agreed upon
 4- The information provided at Etimad platform should be accurate and correct to avoid rejection.


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