Counter guarantee

The counterparty undertakes to pay on behalf of the guarantor if the guarantor has to perform the obligation on his behalf, the obligor must repay

Detail Information

Product Information

Benefit

Registration Conditions

Registration Procedure

Fee Schedule & Forms

- It is a form of bank guarantee, whereby the counterparty guarantees to the guarantor that it will perform its financial obligations to the guarantor in case the guarantor has to perform its financial obligations on behalf of the obligor and the obligor must accept the debt and repay it to the counterparty guarantor according to the signed agreement plait.
- Simple and fast procedure.
- Flexible collateral, low margin ratio.

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Performance guarantee

It's SeABank's commitment to ensure that the customer will perform exactly and fully the customer's obligations under the contract with the Guarantee.