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It's not uncommon for your business partners to request a guarantee when placing an order. No need to immobilise your working capital for this. A bank guarantee meets this requirement while allowing you to benefit from your liquidity.
With a bank guarantee, your bank commits to paying a determined amount on your behalf if you're unable to honour an obligation to a third party. In this way, you can offer financial security to your business partner and benefit from the support of a major bank. Another advantage of a bank guarantee is that you don't immobilise your working capital, which remains available for other operations.
Interested in a bank guarantee and the numerous benefits you and your business could enjoy? Schedule a meeting with your advisor, either online or at a branch.
Paying suppliers? Compensating for a client payment delay? Run a simulation to find the credit best suited to your treasury needs.
LOANS
Do you work in import-export? This letter of credit, signed by the bank, guarantees your international transactions, offering a payment guarantee to the seller and a delivery guarantee to the buyer.
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