Bank Guarantee

Bank Guarantee – a financial instrument that allows you to meet the requirements of a counterparty or government without tying up your own working capital. The bank undertakes to pay the guaranteed amount if you fail to fulfill the terms of the contract.

In other words, you can continue running and growing your business while the bank vouches for your reliability.

Why Do You Need a Bank Guarantee?
Bank guarantees are used in a wide range of situations:

  • Participation in government and commercial procurement

  • Securing contract performance

  • Guaranteeing advance payment refunds

  • Guaranteeing payment or fulfillment of obligations

  • Working with large clients

In many cases, a bank guarantee is a mandatory requirement for signing a contract or being allowed to participate in a tender.

Types of Bank Guarantees We Provide

  • Tender Participation Guarantee

  • Contract Performance Guarantee

  • Advance Payment Refund Guarantee

  • Payment Guarantee

  • Commercial Bank Guarantees

We work with guarantees under Russian laws 44-FZ, 223-FZ, 615-FZ, as well as international commercial contracts.

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