Payment guarantee
Minimising financial risks in the supply chain
About the guarantee
A payment guarantee ensures that the bank secures the buyer’s payment obligations to the supplier, confirming their ability to pay under the contract.
Benefits of use
Ensuring timely payments
Reducing financial risks
Building trust between parties
Ensuring business stability
Guarantee terms
Currency | UAH, USD, EUR |
Issuance of the guarantee | 1% or 3% annually |
Confirmation of the guarantee by an international bank | From 1% annually |
Processing and acceptance of a demand for payment under the guarantee | UAH 850 |
Notification of the guarantee | UAH 850 |
Apply for a guarantee
1
Contract signing
2
Guarantee agreement
3
Issuing a payment guarantee
4
Delivery of goods
5
Non-payment for goods
6
Demand for payment under the guarantee
7
Verification of the demand and payment under the guarantee