The bank guarantee is a local bank guarantee instrument issued by BV bank to ensure compliance of your company's financial obligations with a local beneficiary.
With this product, your business gains more solidity, security and credibility.
Your company can strengthen business relationships, prospect new businesses demanding guarantees and preserve its assets by establishing a guarantee in a business contract.
Moreover, it can also protect liquidity in cases of need for judicial or administrative deposits.
The beneficiary of the bank guarantee may be a legal entity (companies, public agencies, banks and development agencies) or an individual.
Companies requiring a guarantee to make commercial transactions or replace deposits related to legal or administrative proceedings.
- Guarantee accepted in lieu of the financial investment, disposal of goods and other types of guarantee.
- Preservation of the cash and of the assets of your company.