Bank guarantees

Domestic bank guarantees

A bank guarantee is collateral issued by the bank for your company in favour of your contracting party. A bank guarantee is convenient in many situations, for example, as collateral for agreements on building works, deliveries and different payments.

How does your business benefit from bank guarantees?

• In a bank guarantee the interests of both the beneficiary and the company are taken into account equally.
• A bank guarantee is safe and easily managed as collateral.
• If your company has a bank guarantee limit agreement, you can apply for guarantees in Netbank flexibly and rapidly.