Bank Guarantees

Bank Guarantee is a guarantee issued by the bank at the request and for the account of the borrower, whereby the Bank commits to pay the beneficiary up to the guaranteed sum in the event of a claim received by the Bank under the Bank Guarantee.

Bank Guarantee requirements:

The full amount of the Guarantee must be secured by cash available on a BdC Checking or Savings account.

Make an appointment with an account manager.

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