Benefits of the Bank Guarantee
- the guarantee issued by the reputable bank increases your credibility during the business negotiations,
- you will guarantee fulfilment of obligation resulting from the business contract,
- you can reach more favourable terms and conditions (e.g. deferred payment of obligations, advance payment, return of recognisance, deposit replaced by bank guarantee in case of guarantee for offer),
- bank reimburses upon the request with no objections after all terms and conditions stated in the bank guarantee are met.
Our Offer of Services
- we provide payment or non-payment bank guarantees,
- the amount up to € 7.000 or equivalent in other currency (CZK, USD, CHF, PLN, HUF, RON, JPY),
- fulfilment by the bank always upon the first request with no objections,
- consultation regarding your business case,
- drafting or assessment of the bank guarantee wording,
- notifying client in case of bank guarantee issued by the other bank in their favour,
- signature authentication for persons signing the bank guarantee on behalf of the issuing bank,
- support during preparing and sending the enforced bank guarantee to the issuing bank.
3 Steps to the Bank Guarantee
1
Visit the regional company branch.
2
Submit the written application for the guarantee.
3
Guarantee agreement/Credit agreement.
Types of bank guarantees
Payment bank guarantees – guarantees fulfilment of payment obligations of the debtor (customer).
Non-payment bank guarantees – guarantees fulfilment of obligations different from payment obligations.
Most common types of guarantees:
- Bid bank guarantee,
- Payment bank guarantee,
- Advance payment bank guarantee,
- Performance guarantee,
- Warranty guarantee,
- Retention money guarantee,
- Customs debt guarantee,
- Consumption tax guarantee,
- Toll payment guarantee,
- Stand-by letter of credit.
Information centre
If you have any questions, feel free to contact us