Trusted Bank Guarantee Providers Worldwide
We thoroughly assess your current financial landscape, taking into account both short- and long-term objectives, family dynamics, and evolving priorities. Our dedicated team supports you through every stage of the planning process and significant life milestones.
What is a Bank Guarantee?
A Bank Guarantee is a written assurance by a bank for its client, typically a buyer or contractor, promising the beneficiary, who is often a seller or supplier, that it will fulfill contractual obligations. When the buyer fails to pay, the bank pays the seller.Bank guarantees reduce risk in global trade by establishing confidence and providing assurances about financial performance. Customized to suit your requirements, our guarantees enable you to concentrate on expansion while we safeguard your interests.
Why Use Express Trade Finance for Bank Guarantees?
We make it easy to issue Bank Guarantees with the help of expert guidance, minimal up-front fees, and complete transparency. Supported by a worldwide network of strong banks and financial institutions, we guarantee on-time issuance, comprehensive coordination, and total consistency with your commercial needs.
Types of Bank Guarantees in International Trade
- Bid Bonds
Guarantee the commitment of the bidder to execute the project after awarding. Protects the project owner against the possibility that the winning bidder may not start the project.
- Performance Guarantees
Assure that the contractor will perform according to their agreed contracts. Secure the buyer in case the contractor does not perform or deliver as per the terms.
- Advance Payment Guarantees
Shield the advance payments of the buyer through the provision of a refund when the agreed goods or services are not delivered by the seller. Allow buyers to make secure advance payments.
- Payment Guarantees
Guarantee payment to the seller when terms of the contract are fulfilled. Reduce risk of non-payment and establish confidence in cross-border transactions.
Recent Completed Transactions
Backing Your Business with Trusted Guarantees
Express Trade Finance Bank Guarantees provide your company with the credibility and confidence it requires to proceed with confidence. Whether you are bidding, performing, or receiving payment, we offer tailored guarantees that protect your commercial interests, rapidly and securely.
How We Can Help You Obtain a Bank Guarantee
Collection of Documents
We start off by gathering essential documents, which may be the completed application form or Proforma Invoice/Sales Contract, trade license of the company, copies of the shareholders and owner’s passport, three months of bank statements, one-year audited accounts, and the shareholding details.
Draft Preparation & Approval
We assist in selecting a fit issuing bank, draft the initial document, and assist with any necessary revisions. You finalize it through company stamp and signature.
Invoicing & Payment
A payment invoice is sent for the agreed amount of fees. Upon receipt of payment, we move to coordinate with the chosen bank or financial institution.
Issuance & Delivery
The Bank Guarantee is made out through SWIFT or courier within 7 working days usually and an email copy for your reference. We also help with any attendant documentation if required.