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.

Currencies Rates

20.05.2022
USD 1.6990 1.7020
EUR 1.7616 1.8155
Non-cash payment

Non-cash payment

20.05.2022
USD 1.6990 1.7025
EUR 1.7795 1.8119
GBP 2.0747 2.1382

Calculator*

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* - calculating by cash purchase rate

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