We can provide a bank guarantee to any company which needs it.
We provide the funds needed for.
The company will only need to pay the initial fees and give a guarantee
for the payments of interests due on the bank guarantee and pay it.
Amount maximum of the one Bank Guaranty (BG) :
500 000 000 USD or Euros
The bank guarantee is issued by one of the ten top
world banks.
A guarantee is a written undertaking issued by a bank in favour of the receiver of the goods or services,
whereby it pledges to make certain payments on behalf of its client, if the latter fails to make a payment
or to carry out specific functions in terms of the commercial contract. The bank’s commitment is legally
independent of the underlying commercial contract.
A guarantee (bond or suretyship, as it is sometimes called) supports commercial contracts by providing
trading partners with the flexibility to reduce credit and performance risk. It is a supplementary agreement
or form of collateral or security relating to a specific transaction, for example:
A seller may not be able to assess a buyer’s ability to pay for goods or a service rendered and
wants protection against non-payment.
The buyer questions the seller’s financial capability, resources and ability to perform under the
commercial contract and needs protection against non-performance.