Bank guarantees & Standby documentary credits
Financial guarantees
Use our lease, customs and other financial guarantees as a substitute for cash deposits with your counterparties, freeing your working capital and potentially securing favorable contract terms. Provides financial security to the beneficiary should the applicant fail to make payment for the services supplied.
Call us on:
+374 (60) 655 300
open hours 09:00-18:00
+374 (60) 655 000
Our phone lines are open 24/7
Key benefits
- Provides security to the counterparty by a reputable Bank.
- Provides security for either financial or non-financial obligations.
- Payment of the sum agreed in the Bank guarantee and standby documentary credit will be made in accordance with the terms of the Bank guarantee and standby documentary credit, on presentation of a complying demand from the Beneficiary, in spite of any issues arising from the underlying commercial contract.
- As part of HSBC Group we can issue Bank guarantees and standby documentary credits through HSBC Group offices overseas.
Last updated on: 22/11/19 12:41 UTC