Commitment given by the bank, intended to guarantee the payment of a draft issued by its client in favor of third parties

Benefits

Optimization of customer cash flow, Facilitate commercial transactions

Targets

Businesses

This is a commitment by which the bank acts as guarantor for its client in favor of a third party and replaces the latter's obligations in the event of default.

Benefits

Reassures the project owner about the financial solidity of the client

Targets

Businesses

Similar to the bank guarantee, this is a commitment by which the bank acts as guarantor on behalf of a client, to pay a third party all sums owed by the client in the event of default.

Benefits

Facilitate calls for tenders, commercial transactions, optimize cash flow

Targets

Businesses