Guarantee Letters
The bank takes the payment commitment, and you have less risk.
Benefits for your business
Payment commitment
Flexibility
Letters of guarantee
The letter of guarantee is an irrevocable payment commitment, made by the bank, at the request of his client to pay a sum of money to the beneficiary of the guarantee, following the submission of a request for payment, in accordance with the terms and conditions of the letter of guarantee.
The most usual types of bank guarantees we provide are:
- Bid Bonds
- Payment Guarantees
- Performance Bonds
- Advance Payment Guarantees
- Credit Facilities Guarantees
- Customs Guarantees
- Counter-guarantees
