What is a bank guarantee?
Bank guarantee — is a bank's obligation to pay a certain amount for its client in case of failure to fulfill obligations under the contract.
Is it necessary to provide the bank with the contracts under which it is issued to obtain a guarantee?
Yes, the provision of agreements and contracts is a mandatory condition.
What can be offered as an assurance?
As collateral, property (real estate, land, goods in circulation, etc.), the financial guarantee of legal entities and the financial guarantee of owners, the total share of corporate rights of which in the authorized capital of a client is at least 51%, are accepted.
Where to apply for a bank guarantee?
Complete an application form on this page or visit any branch of JSC “JSCB CONCORD".