Bank Guarantee
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Ensures compliance with obligations to third parties.

Advantages
  • It replaces a security deposit in favour of a beneficiary, avoiding the immobilization of funds;
  • Competitive cost;
  • A Bank Guarantee collateralized by a term deposit is a good option for companies to obtain a profit from their surplus cash.
Beneficiaries

Natural or legal persons that wish to ensure the fulfillment of their obligations by means of bank guarantees.

To be defined on a case-by-case basis.

Maturity

The following maturities are possible:

  • No defined maturity;
  • With fixed maturity or validity date;
  • With period of validity automatically renewed for equal periods, save if the contract is denounced.


 

Notas

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