Bank Guarantee

Ensures compliance with obligations to third parties.

• It replaces a security deposit in favour of a beneficiary, avoiding the immobilization of funds;
• Competitive cost;
• A Bank Guarantee collateralized by a term deposit is a good option for companies to obtain a profit from their surplus cash.

Natural or legal persons that wish to ensure the fulfillment of their obligations by means of bank guarantees.

To be defined on a case-by-case basis.

The following maturities are possible:

• No defined maturity;
• With fixed maturity or validity date;
• With period of validity automatically renewed for equal periods, save if the contract is denounced.

For more information, please go to any BPI Branch or Corporate Centre or contact us.

This information is provided for advertising purposes and does not constitute a contractual offer; you must read the pre-contractual and contractual information required by law.

Contracting subject to prior approval by the entities involved and subject to the conditions defined according to the risk profile of each operation.

Banco BPI, S.A., Rua Tenente Valadim, 284, Porto, Tied Insurance Intermediary no. 207232431 (registered with the Insurance and Pension Funds Supervision Authority on 31-10-2017 - more details on the registration available at www.asf.com.pt); authorised to carry on insurance business in the Life and Non-Life Branches with the insurers BPI Vida e Pensões - Companhia de Seguros Vida, S.A., Companhia de Seguros Allianz Portugal, S.A. and COSEC - Companhia de Seguro de Créditos, S.A. Banco BPI, S.A. is not authorised to receive premiums or enter into contracts on behalf of COSEC, Allianz or BPI Vida e Pensões and, as an insurance intermediary, assumes no responsibility for the coverage of risks inherent in the insurance contract.