GarantiBank International N.V.


	Basic Products


	Bill of Lading Financing Invoice Financing Warehouse/Distribution Financing FCR Financing Freight Financing Pre-Shipment Financing Position Financing Letters of Credit Import Letters of Credit Export Letters of Credit Stand-by Letters of Credit Documentary Collections Guarantees Payment Guarantees Bonds Non-Bank Financials Institutions Overdraft/Working Capital

Payment Guarantees

A Buyer holding contracts with its supplier for the regular supply of merchandise may have to support their payment obligations by providing a payment guarantee in favour of the supplier. The buyer instructs his bank for the issuance of a payment guarantee. In the event of a pre-defined default criteria, the buyer's bank, as its sole obligation, will execute payment in favour of the seller for a pre-determined amount upon the presentation of satisfactory claim documents under the said guarantee.

Suppliers may obtain financing based on Payment Guarantees issued to their favour by the buyer's bank.

Trade & Commodity Finance Teams together with Documentary Credits experts of GarantiBank International NV are not only providing straight-forward Payment Guarantee services but also mobilizing fast, accurate and tailor-made banking solutions built in and around such Payment Guarantees.