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Corporate Banking Services Bank Guarantees

Bank Guarantee is a guarantee issued by the bank at the request and for 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:

  • 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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