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Bank guarantee

Bank guarantee

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 The Bank guarantee secures performance of obligations. It is a written commitment, issued by the Bank upon request of the borrower (principal), under which the Bank is obliged to pay a certain amount to the principal’s lender (beneficiary) upon a written request of the latter.

Bank guarantees can be used if you intend:

  • to take part in tenders on implementation of works, provision of services and delivery of goods;
  • to assume contractual and/or payment obligation;
  • to get an upfront payment for performance of contractual obligations;
  • to assume contractual obligations undertaking a commitment to ensure the quality of the implemented works, provided services or delivered goods.
  • to import goods based on down payment, often applying for a loan for payment purposes.   

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Բանկային երաշխիքի առավելությունները

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Տրամադրման պայմաններ

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Պահանջվող փաստաթղթեր

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Page updated 28.02.2020 | 11:19

In case of discrepancy between Armenian and English versions of the information, the priority is given to the Armenian version.