Bank Guarantee

Your success is important.

Our Bank Guarantee solutions serve as a promise that we will assume liability for a particular debtor if you do not meet your contractual obligations.

In other words, the bank offers to stand as the guarantor on your behalf, as a business, in a transaction. That is what a partner does.

Benefits:

  • Assurance to a supplier that the payment will be made on a specific date
  • Serves as collateral for reimbursing advance payment from a buyer if the seller does not supply the specified goods per the contract
  • Serves as collateral for repaying a loan
  • Serve as collateral for rental agreement payments
  • Serve as collateral for costs incurred if services or goods are not provided as contractually agreed