Bank Guarantees  and Bonds are Financial  Guarantees  issued  by banks  and financials institutions  that provide protection  in the event of a default of an obligation.  

They  can be used for various  purposes  including both trade and projects.

Below are  examples  of some of the types of Bank  Guarantees and   Bonds (i.e. Financial Guarantees); 

  • Performance Bonds 
  • Advance  Payment Guarantee 
  • Bid Bonds / Tender Bonds
  • Retention  Bonds 
  • Deferred Payment  Guarantee