Bank Guarantees

In the international trade it is often very difficult to make a correct judgment of the technical possibilities and/or financial position of your supplier.
For that reason you can ask your supplier for a security by means of a bank guarantee.

In a bank guarantee a certain major bank is obliged to pay the amount as mentioned in this bank guarantee to you on your first demand when your supplier does not perform.
This non-performance can be a non-payment but also a non-delivery or a poor performance. There are several kinds of bank guarantees:

  • Payment Guarantee
  • Bid Bonds
  • Performance Bonds
  • Maintenance Bonds
  • Advance Payment Bonds
  • Bonds for missing Bills of Lading or Delivery Orders
  • Bonds for customs  security
  • Bonds for EC-rules
  • Bonds for credit replacements

Please let us advise you what kind of Bank Guarantee is the best fit for your company.

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Letter of Credit

Doing business with countries abroad ( e.g. the Far East) or do you intend to do

Documentary Collections

Do you get confused of payment terms like: CAD, D/P, D/A

Import Letter of Credit

Do you buy goods abroad, but you are not sure that you receive the goods

Bank guarantees

In the international trade it is often very difficult to make a correct judgment