What requirements are necessary to submit a bail process?

Carrying out the process of a bond is a process that requires certain documentation and guarantees that must be presented to the surety, as well as completing some forms.

As we know, the bonds are guarantee instruments whose objective is to guarantee the fulfillment of the different obligations that are established in a contract , providing the beneficiary of the policy, the peace of mind that in the event that the bond fails, there will be a compensation for the damage by the surety.

Documents and formats necessary to process a deposit:

deposit

Based on the provisions of articles 19 and 24 of the Federal Law of Insurance and Bonding Institutions , the requirements to be able to process a bond are:

Physical person:

Formats:

  • Contract of Agreement
  • Physical Person interview
  • Credit Bureaus Format

Requirements :

  • Copy of the source document or contract in which the bond is requested.
  • Resume.
  • Current official identification.
  • Proof of address with a maximum age of two months.
  • CURP.
  • RFC
  • Copy of the ISR Statement of the last fiscal year and / or last three payroll receipts.

Moral person

Moral person

Formats:

  • Contract of Agreement
  • Interview Moral Person
  • Credit Bureaus Format

Requirements :

  • Copy of the source document or contract in which the bond is requested.
  • Curriculum of the company.
  • Constitutive Act and Notarial Powers.
  • RFC
  • Treasury Registration (Format R1 or Electronic).
  • Official identification of legal representative.
  • Proof of address with a maximum age of two months.
  • Copy of the ISR Statement of the last fiscal year.
  • Partial financial statements with a maximum age of 2 months drawn up on letterhead and signed by the Legal Representative and Public Accountant.
  • Copy of the Professional Certificate of the Accountant that signs the Financial Statements.

In addition to the forms and documentation, in order to process bonds, it is necessary to leave a guarantee, which can be an immovable real estate and free of encumbrance , the deposit in guarantee for the amount of the bond, or a Moral Person that backs the guarantor with their Financial statements.

Are you applying for bail and you need to start the process ? Get in touch with us, our professional advisors will gladly provide you with all the information.