A guarantee is a security instrument in domestic and international business whereby a bank guarantees to the beneficiary that it will, if the principal debtor fails to fulfil his obligations, pay the amount covered by the guarantee. The beneficiary is certain that it will settle its claim, whereas the debtor is certain that the payment under the guarantee will be executed only according to the terms and conditions specified in the guarantee.
- A reliable security instrument
The most frequently used and the most reliable security instrument providing a high level of protection against various risks in international trade and domestic business operations.
- Adjustment to the requirements of a specific business
Secure a wide range of obligations arising from commercial contracts with your business partner, such as obligations related to payment of goods and/or services, advance payment, tender participation, performance of works, customs duty etc. In addition to standard types of guarantees, we can also offer you issuing of guarantees tailored to specific transactions.
- The possibility to negotiate more favourable business conditions by using a guarantee
We can support your business through issuance of guarantees by demonstrating your financial capacity and your capacity to fulfil your contractual obligations. With a guarantee, avoid the use of your own working capital and thus improve your current liquidity.
- Additional instruments
Besides various types of guarantees, we can also offer issuance of instruments such as Standby letter of credit, letter of intent, letter of recommendation, as well as expert advise on all instruments and aspects of guarantee business.
- Guarantees and letters of intent related to business with EU funds
If you are interested in working with EU funds or wish to participate in public tenders published by the European Union, we can offer you our support through issuance of guarantees and letters of intent in accordance with specificity of an individual EU tender.
- Faster, more efficient and simpler delivery of requirements
Delivery of requests for issuing guarantees and letters of intent using e-zaba
- Providing expert advice and assistance
Years of experience and expertise in standard and complex transactions, our professional and trained staff and numerous awards in the field of trade finance vouch for a high quality of service.
- International presence of UniCredit Group and a large correspondent banking network
Zagrebačka banka and UniCredit Group represent a strong partner that can support your international business.