Guarantee / Surety
You need to guarantee a payment, perform a service or deliver goods? The bank guarantee or surety gives you the safety you are looking for in these types of transactions.
ADVANTAGES
- The NISEBK guarantees the proper performance of the service agreed with a third party
- The possibility of benefiting from the bank's recognised creditworthiness
- The ability to conduct transactions more easily
- Protection of the creditor against a debtor's insolvency
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| The essentials | Further information | Contact us |
The essentials
Bank guarantee: cover your payments or your services
The bank guarantee is the irrevocable undertaking of a bank to pay, at the first request of the beneficiary, a sum of money in the event of non-performance of the obligations of a third party. The guarantee is the instrument to use, especially in the context of international commercial relations.Surety
A surety is a commitment for a specific amount by which the bank undertakes in favour of the creditor to guarantee payment of the debt contracted by the debtor subject to a number of specific provisions.Documents required
Further information
Conditions
For a guarantee or a surety to be issued, the principal must at least have or create a relationship with the NISEBK.Documents required
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058 451 01 89
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7.30am - 7.30pm
Saturday
9am - 4pm
7.30am - 7.30pm
Saturday
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