Guarantee amount |
Standard terms |
Terms under a General Agreement |
Commission |
||
up to UAH 100,000.00 |
not less than UAH 1,000.00 |
UAH 800.00 |
from UAH 100,000.01 up to UAH 1,000,000.00 |
2,0% |
1,70% |
from UAH 1,000,000.00 |
1,5% |
1,20% |
Conditions
|
guarantee of ultimate beneficial owners in the amount of UAH 300,000.00 or more |
10% cash cover for the amount over UAH 1,000,000.00 *
|
20% cash cover for the amount over UAH 1,000,000.00 |
* Guarantee for the total amount of the General Agreement.
Why do I need a tender guarantee?
While the competition is relatively low, you have great chances of winning tenders! But to participate, you must provide a bank guarantee.
This is a document that confirms the fulfillment by the bidder of all obligations in case of victory (for example, a guarantee for the supply of goods / works / services within the specified time, at the stated price, etc.). ConcordBank decided to meet the business by simplifying this procedure, now it takes up to one hour, does not require a deposit and does not provide for an obligation to open an account with a bank.
How much is the tender guarantee limit?
There is a possibility of issuing tender guarantees separately or as part of the General Agreement
In what currency can I execute a tender guarantee?
The tender guarantee can be executed in UAH, EUR or USD.
What requirements does the bank set up to the customer when executing a tender guarantee?
Requirements that a potential customer must meet when considering a guarantee:
Is it possible to obtain an electronic tender guarantee?
Yes, at the request of the customer, if it is provided for by the tender documentation, an electronic bank guarantee may be provided.