International bank guarantee

Bank guarantees represent a more significant contractual obligation for banks, such as real estate contracts, international trade and infrastructure projects. This can be used to essentially insure a beneficiary of the guarantee from loss or damage due to non-performance by the other party in a contract.   

We offer the following services:

  • Outward Bank Guarantee (covered, uncovered)
  • Outward Bank Guarantee line
  • Inward Bank Guarantee

When Bank Guarantee is used?

  • TRUST - Building trust between the parties in trade for the fulfillment of their contractual obligations.
  • INITIAL TRADE - For start-up business.
  • PROPOSAL - Proposal has been offered from counter-party.
  • BANK B/G LINE – Proposed by bank or bank B/G line is available etc.

Typical bank guarantees in trade cycle:


  • Encourages proper and timely performance of the contract.
  • Transfers credit-worthiness of the principal to the bank, which allows parties to negotiate better terms.
  • Ensure to pay compensation, if contract is breached.
  • Documentary processing is lower than compared to the letter of credit.

Bank guarantee cycle:

Terms & Conditions

outward bank guarantee /BG/
fees & commissions
Issuance of covered BG
50 USD
Issuance of uncovered BG
0.1% (min 50 USD, max 250 USD)
Risk fee
1%-5% (annual rate)
Per each demand payment
50 USD
Additional service fees requested by customer:
40 USD
50 USD
Sending an injury
10 USD
Ps: If bank guarantee charges and/or costs cannot be collected from the beneficiary, the applicant is liable for such  incurred charges.

Advising of the BG
20 USD
Sending demand for payment
50 USD
Additional service fees requested by customer:
Advising of the BG amendment
10 USD
25 USD
Sending an inquiry
10 USD
Ps:  Customers are charged for courier services.

Required documents:

  • International bank guarantee application form /download/;
  • Contracts, agreements;
  • In case of an uncovered BG, the loan related documents are required additionally.
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