General information

What is a bank guarantee?

Bank guarantees for contract security are the bank’s guarantees to another credit institution or company to pay the client’s debt under the agreement if the client cannot fulfill their obligations.

A bank guarantee may be used by individual entrepreneurs. Such an agreement makes it possible to secure a contract, tender, and other transactions and provides protection for entrepreneurs against losses.

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How to obtain a bank guarantee?

You can arrange a bank guarantee without leaving the office. To do this, you need to:

Review of guarantees for participants in public procurement (44-FZ, 223-FZ, 185-FZ) — from 1 hour; for other types of guarantees — from 1 day.

Do you need guarantees on a regular basis? We recommend using the product — a guarantee limit. The bank will set up a revolving limit for your company for a term of up to 10 years, making the process of obtaining guarantees even more convenient.

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