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Bank guarantees

A bank guarantee is a type of guarantee from a lending institution. The bank guarantee means a lending institution ensures that the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank will cover it. A bank guarantee enables the customer, or debtor, to acquire goods, buy equipment or draw down a loan.

  • A payment guarantee assures a seller the purchase price is paid on a set date.
  • An advance payment guarantee acts as collateral for reimbursing advance payment from the buyer if the seller does not supply the specified goods per the contract.
  • A credit security bond serves as collateral for repaying a loan.
  • A rental guarantee serves as collateral for rental agreement payments.
  • A confirmed payment order is an irrevocable obligation where the bank pays the beneficiary a set amount on a given date on the client’s behalf.
  • A performance bond serves as collateral for the buyer’s costs incurred if services or goods are not provided as agreed in the contract.
  • A warranty bond serves as collateral ensuring ordered goods are delivered as agreed.
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  • 25/3, 3rd Main, Gokula, HMT Main Rd, 1st Stage, Divanarapalya, Yeshwanthpur, Bengaluru, Karnataka 560054

  • Email: info@abbacapitaladvisory.com

  • +91 7829988833
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ABBA Capital Advisory is a CAPITAL SERVICES organization founded by Mr. Mathew S since its launch in January 2018, ABBA has successfully and strongly established itself in the Market With the best way of services to its customers all over the country.

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  • 25/3, 3rd Main, Gokula, HMT Main Rd, 1st Stage, Divanarapalya, Yeshwanthpur, Bengaluru, Karnataka 560054

  • Email: info@abbacapitaladvisory.com

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