International guarantees
To reduce risks of payment for goods and to obtain a delay in payments in transactions with foreign counterparts.
International banking guarantee -
when the Bank guarantees a foreign company that you will pay money, provide services, return the advance or fulfill other obligations under the agreement. If you fail to do so, the Bank will pay for you.
Your benefits if you export:
Reducing risks
Ask the buyer for a guarantee of payment and be sure to pay for your goods
Client loyalty
Issue guarantees for importers and strengthen trust relationships
Different types of guarantees
Guarantee of return of advance payment or execution of the agreement, as well as Warranty guarantee
"Confirmed" guarantee
We can instruct a foreign bank trusted by your client to issue a guarantee on your behalf
Your benefits if you are an importer:
Delayed payment
Provide a payment guarantee to the Supplier and pay for the goods later without prepayment
Cheaper than a loan
Payment guarantee is bank financing, which in the form of a loan costs more
Different types of guarantees
You can request the Supplier to guarantee the return of the advance payment or execute the agreement, as well as Warranty guarantee
"Confirmed" guarantee
We can instruct the foreign bank trusted by the Supplier to issue a payment guarantee on your behalf
With whom the Bank works
Any countries except for those in the sanctions list of RK, USA, EU and UN.
It is also important to have SWIFT keys with the beneficiary’s bank.
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