Bank Guarantees

Bank Guarantees

 

Bank guarantee is a securing way for executing obligations according to which the guarantor bank assumes a monetary obligation to the beneficiary (the person in whose favor the guarantee/counter-guarantee is provided) for paying the funds if a guarantee event occured.

Registration of bank guarantees is carried out profitably and promptly for the bank's customers.

 

Depending on the client's needs, we provide bank guarantees for:

  1. securing the bids of bidders (tender guarantees);
  2. securing compliance to the contract terms;
  3. securing compliance to the contract terms of tour operators (tour agencies and tour operators).

 

The documnets list required to consider the issue of a bank guarantee1:

1. Statement for a guarantee. ( Annex 1, Annex 2)

2. Customer questionnaire. (Annex 3)

3. Other documents at the Bank's request or depending on the type of collateral under the bank guarantee.Click here


1 The founding documents are stored in the legal file for the customers serviced by JSC COMINVESTBANK, and must be analyzed by the legal department when considering the statement for a guarantee. The Bank stores copies of the founding documents provided by non-customers of the bank in the guarantee file in section 1.

 

The cost of providing guarantees:

  1. tender guarantees – 3% (min. 850,00 UAH);
  2. tour guarantees – 2-3%;
  3. securing compliance with the terms of the contract – 3-5% (min. 1 250,00 UAH);
  4. for collecting and drawing up a package of documents to provide a bank guarantee - 150,00 UAH

For more detailed information please contact the nearest regional Branch or call to the Bank's Head Office Individual Services or Supporting Payment Cards Transactions departments: (0312) 61 98 30 (cost of call is according to your carrier's rates)

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