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Bank guaranteeremember

Guarantee can be as simple.

Your benefits:

  • does not reduce your liquidity

  • lowers your interest payments, since a bank guarantee saves you from needing an overdraft facility that would otherwise be required

  • low fees – you only pay commissions, starting from as low as 1 %

  • flexible, thanks to the variety of different guarantees available

We offer the following guarantees:

Bid guarantee
If you are participating in a tender procedure, i.e. bidding on a contract, where the issuing party requires payment of a penalty for non-fulfilment and you are awarded the contract but do not accept it, we safeguard you with a guarantee that we will pay the penalty.

Advance payment guarantee
If your customer requires collateral before making an advance payment, we guarantee to pay back the advance payment to your customer if you do not fulfil your contractual obligations.

Warranty guarantee
If you have delivered a product or performed a service, we secure you against warranty claims from your customer. As a result, you can have your customer pay you the warranty holdback.

Contact

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  • Servicecenter

    +49 (0)69 / 29 90 11 99

    Monday-Friday:
    8:15 to 22:00

    Weekend and Holidays:
    10:00 to 21:00

  • Or visit us at one of our branches:

    go to branch finder