A Bank Guarantee provides financial assurance to the beneficiary by ensuring compensation if contractual obligations are not fulfilled.
A Bank Guarantee (BG) is a commitment issued by a bank on behalf of its client, assuring the beneficiary that financial obligations will be met if the applicant fails to perform as per contract terms. It is widely used in trade, infrastructure projects, and commercial contracts to reduce financial risk.
At Global Trade Fincorp, we assist businesses in structuring and coordinating Bank Guarantees that support secure and compliant transactions.
Assures payment obligations
Ensures contract performance
Protects advance payments
Secures participation in tenders
