ABSA Bank Guarantee
These services support your business by demonstrating your financial credibility and ability to meet contractual obligations.
Bonds, Guarantees and Indemnities are right for your business because:
- Through our sector expertise we understand the importance of bank guarantees. As each business and transaction is different, we can work with you to tailor the wording of our guarantee to support your requirements,
- They help provide specialist support for SA or overseas contracts,
- Guarantees can be made for any amount and in any freely-traded currency, subject to availability of suitable facilities,
- They can help in tendering for business that may otherwise have been out of reach.
Bonds, Guarantees and Indemnities support your business by enabling you to:
- Provide your buyer with a financial commitment to supply goods or services as agreed under a contract,
- Make your proposition more attractive to your buyer,
- Be supported throughout the life cycle of the contract by a wide range of guarantees,
- Choose from standard or bespoke wordings that provide you and your buyer the guarantee that meets your specific needs.