Bank guarantees

Bank guarantees

A guarantee is a method to ensure the fulfillment of obligations, according to which a bank on behalf of a principal undertakes to pay funds to the beneficiary in case a guarantee event occurs.

Benefits of using guarantees

Lower
costs

Guarantees are a reliable alternative to standard financing at the rates lower than under loans.

Effective finance management

This is the opportunity for a seller to receive an advance payment for the fulfillment of a contract. Thus, there is no need to attract loans.

Deferment of payment

This is the opportunity for a buyer to purchase goods on a deferred payment basis, without using their own or borrowed funds.

Entering
new markets

You may increase sales volumes, open new perspectives and opportunities, offering to your counterparties more favorable terms of partnership with a bank guarantee.

Higher security

A payment guarantee is a seller's confidence in receiving funds even if a buyer does not pay within the time period stipulated by a contract.

An advance payment guarantee is a protection for a buyer in the event of seller’s failing to fulfill its obligations to supply goods/provide services and non-returning of the advance payment received.

FUIB is a reliable partner

TOP-5 banks

by the volume of documentary operations
65+ of 100

the largest companies of Ukraine cooperate with us
30 years

in documentary business
400+
partner banks

from more than 85 countries throughout the world
Trade finance limits

with the world's leading banks

Current FUIB ratings could be found at the link.

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