One of the directions of the Bank’s activities is provision of bank guarantees.
A guarantee is a written obligation of the Bank issued on request of a principal in favour of a beneficiary.
The Bank grants tender guarantees, downpayment reimbursement guarantees, contract performance guarantees, guarantees to customs authorities.
Guarantees can be granted for amounts in various currencies: Russian Rubles, US Dollars, Euro.
The commissions are normally paid in a lump sum for the whole period of a guarantee no later than on the day of issuance of a guarantee.
Depending on the credit history, financial status of a client, the amount of guarantee, the turnover on bank accounts, a client may need to provide adequate security.
The Bank can accept the following collateral:
To find out the fees for issuance of bank guarantees, please put your enquiries to the Contact Person.