A bank guarantee functions as security in many kinds of contracts. For instance, it may be issued as security for an order, a delivery, a guarantee period, a contract price payment, a rental payment for business premises or for compliance with some other contractual obligation. Your company may also use a bank guarantee to meet its statutory security obligations.
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?