Bank guarantees

Efficient solution of your contractual obligations

Bank guarantees

Bank guarantees-a form of securing the obligations of one partner to another on the basis of a contract concluded between two business partners. The bank undertakes to pay the amount provided by the guarantee in case of a written claim in accordance with the terms of the guarantee. The guarantee is not a payment instrument, payment under the guarantee is made in case of failure of the client to fulfill its obligations. When using a bank guarantee payment is made not in advance, and partially or after delivery.

Accessbank offers the following types of guarantees

  • Tender guarantee
  • Performance guarantee
  • Guarantee on the return of the advance payment
  • Guarantee of payment
  • Counter-Guarantee