Guarantees
HUF and FX guarantees/guarantee lines
There is a wide range of bank guarantees available at KDB Bank so that your enterprise can easily participate in tenders, meet your contractual obligations and strengthen the confidence in your business partners.
Voluntary, written commitment issued by the Bank on behalf of the Client in favour of a third party (Beneficiary).
Most frequent types of guarantees issued by the bank:
- Bid bond guarantee
- Performance guarantee
- Warranty guarantee
- Advance repayment guarantee
- Payment guarantee
- Guarantee issued in connection with customs clearance
Advantages to your company:
In case of regular need of guarantee a guarantee line can be established in order to make the issuing of theindividual Guarantee Letter faster and simpler.
