A bank guarantee is a form of security with which you can prove your company’s ability to meet its contractual obligation to your contracting party. Nordea as the guarantor assumes the monetary liability on behalf of your company. A bank guarantee may be issued in favour of your domestic or foreign contracting party.
Articles in this section
- What is a bank guarantee?
- Guarantee and request overview
- What purposes can a bank guarantee be used for?
- How can you request a new guarantee?
- How can I approve a new request?
- How to add and manage permissions to the guarantee service?
- How can I save and complete a transaction later?
- How can I amend an open guarantee?
- How can I on behalf of one of our subsidiaries request Nordea to issue a new guarantee?
- What is the difference between accessory and on-demand guarantees?