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Guarantees and Bonds

Your export contracts for goods, services, works, or turnkey installation projects may require various types of bank guarantees and bonds, including: 

  • Tender Guarantee
  • Advance Payment Guarantee
  • Performance Bond
  • Final Guarantee
  • Payment Retention Guarantee
  • Counter Guarantees

A major concern for exporters is that the expiry and release of the issued guarantees can often be delayed indefinitely. This can lead to unexpected fees and expenses, reducing the profit margin of the commercial operation. At our bank, with our deep understanding of the countries we work with and our strong professional relationships with banks and both public and private institutions, we are able to significantly shorten the validity period of the issued guarantees. This helps minimise both risk and financial costs for our clients.

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