- 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.
Open 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.