Foreign Bank Guarantees

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Security in international transactions, with guaranteed payment.

Background

Credit operation through which BPI guarantees a certain payment in case its Client does not fullfil an obligation or fails to make a payment which he had undertaken to make.

Advantages

For the Beneficiary:

  • Guarantee issued by a recognized and prestigious entity, before a Client whose financial capacity and trustworthy may be unknown;
  • If payment for the associated transaction does not occur or if a contractual obligation is not fulfilled, the guarantee can be triggered.

For the Principal:

  • No need for early disbursement.
Beneficiaries

Exporting companies.

Amount

No restrictions.


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

Observations

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.