Bank Guarantee (BG)

A bank guarantee is a function that many businesses seek. SUISSE BANK is frequently asked to provide bank guarantees in the name of its clients. They are generally importers, exporters or contractors whose business partners demand a promise of payment in some form. A guarantee is a written undertaking by the financial institution that in the event the customer does not meet a certain obligation the financial institution will pay the amount of money to the party in question in the name of the customer.

Without a bank guarantee, or BG, many businesses won’t be opening a line of business with you. Becoming our shareholder gives you exclusive access to our years of negotiation and financial transaction prowess. We harness your rights and make appropriate guarantees so that you can do your business in a risk-free and independent way.

We deal in both, conditional and unconditional guarantees. A conditional guarantee is a bank guarantee that only works if certain conditions are met. In other words, the overseas business partner must fulfil a number of conditions and criteria before we will process the payment. If the conditions are not met, this bank guarantee won’t process.

With our trade finance products and services, we aim to enable business of our clientele. Our shareholders have raised a good sum of money thanks to our practices. For business expansion, import and export is necessary.

SUISSE BANK makes it possible by many products and services, most popular of which is a bank guarantee. With us, you can be sure of prompt support and reliable service.

The most widely used types of guarantees are:

  • Payment guarantee
  • Tender guarantee
  • Advance payment guarantee
  • Performance bond

SUISSE BANK is your financial partner for all your trade finance projects.

 

APPLICATION FOR BG → 


VERBIAGE OF BG →

 

INSTRUCTIONS

Please fill out the online writable application. Send us the copy of the application with all the required documents first by email and courier the originals to our postal address:

SUISSE BANK PLC
Tamouh Tower, 16th Floor 
Reem Island, Marina Square 
PO Box 2576 - Abu Dhabi
United Arab Emirates 
T: +971 (0) 2 208 3113 
F: +971 (0) 2 208 3111
account@suissebank.com
www.suissebank.com

Should you have any queries or concerns, please feel free to contact us.