Guarantee

Guarantee

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A guarantee or bond, as they are sometimes known, provides the beneficiary with acceptable security if the applicant (you) fails to fulfil its obligations in the underlying contract and helps to manage international trade risk.

Features and benefits

You can use it to guarantee payment in case of default or non-performance

Gives suppliers payment assurance to accept open account trading

Allows you to leverage your credit standing to secure banking facilities for other companies

Extensive experience, attractive terms

  • We have extensive experience of guarantees, together with a worldwide network of group offices and correspondent banks to meet your domestic and international needs
  • Our global presence means we can provide you with attractive terms on foreign guarantees
  • Our specialist Guarantees Team can provide you with valuable support for your business

When you're trading internationally you may often come across the following guarantees. We can arrange these guarantees to cover many other kinds of risk

Reminder: "To borrow or not to borrow? Borrow only if you can repay!"

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