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Banking guarantee

Banking guarantee. Guaranteed support from your bank.

Banking  guarantee is a tool of non fund based financing, which does not require withdrawal of funds due to its nature and enables the applicant to avoid prepayment for goods/ services; and, consequently,  provides saving of funds and/or their usage for other purposes. It is also a convenient tool of proper and timely performance of the contractual obligations  in relations with  its counterparties.


  • bid bonds for companies involved in competitive bidding — ensuring performance of tender obligations by bidders; bid bonds are also available in electronic form;
  • performance bonds for fair performance of contractual obligations — ensuring delivery of goods, performance of works or rendering services in a clear and timely manner in accordance with the agreement;
  • advance payment guarantees for establishing contacts with new business partners  — guarantying return of advance paymentto the buyer in case of the seller's failure to perform its contractual obligations;


We also offer  standby letter of credit, which, like the guarantee, secures the obligation to pay or perform other contractual obligations.


Package of documents and type of application form for banking guarantee depend on the structure of the security. You can obtain this and other information by contacting SME manager in your city/town.

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