- 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.
Protect
Non-financial guarantees
You need strategies and solutions to help you navigate an uncharted environment
Contact usOpen up new opportunities with HSBC Bank Armenia issued guarantees, negotiate better contract terms via our performance and warranty guarantees and secure up-front payments via our advance payment guarantees.
At a glance
Want to expand your field of commercial activities
Are looking to enter new geographical markets
Aim to reduce the risk of your international operations
Need to improve your cash flow management
Need to build a good relationship with the beneficiary
Want to give your beneficiary assurance from a world-class financial institution
Key benefits
Last updated on: 22/11/19 12:41 UTC