Bank Guarantees
- A bank guarantee is a bank's commitment to pay the beneficiary a specified amount in the guarantee if the guarantee's principal fails to fulfill their obligation by the due date.
- Utilize a tool that enhances control over the fulfillment of obligations and ensures greater security in business cooperation.
- Strengthen your finances and negotiate with greater power.
What guarantees do we offer?
- bid security bank guarantee;
- advance payment bank guarantee;
- contract performance bank guarantee;
- credit repayment bank guarantee;
- timely payment bank guarantee;
- lease payment bank guarantee;
- excise duty bank guarantee;
- customs debt payment bank guarantee - an obligation made as a general security for customs operations, other than transit procedures, carried out on the territory of the Republic of Poland;
- bank guarantee securing the payment of prizes to lottery payout recipients;
- bank guarantee confirming financial situation to undertake and conduct business in the area of road transport;
- bank guarantee (collateral securing tax amounts or tax liabilities that constitute state budget income);
- bank guarantee for the return of the advance from the Rural Development Program 2014 - 2020 and in the scope of mechanisms of the Common Agricultural Policy.
Who can benefit from bank guarantees?
Clients of the Cooperative Bank in Szczytno who have a current account and suitable creditworthiness can enter into a guarantee agreement with the Cooperative Bank in Szczytno.
According to the applicable Banking Fees and Commissions Tariff of the Cooperative Bank in Szczytno.