DCSIMG Guarantees | DenizBank
  • Guarantees
    • Letter of Guarantees: A bank payment liability issued or advised in favour of a company for the fulfillment of a commitment like debt payment, goods’ delivery and work performance.
  • Types Of Foreign Guarantees
    • Bid-Bond- Tender Guarantee
    • Performance Bond
    • Letter Of Indemnity: Repayment Guarantee / Advance Payment Guarantee (Letter Of Indemnity In Case Of Nonpayment / Payment Guarantee)
    • Credit Guarantee
    • Other Guarantees: Retention Guarantee, Maintenance Guarantee, Guarantee for Warranty Obligation
      / Warranty Bond, Bail Bond, Bill Guarantee
  • Stand-by Letter of Credit
    • Stand-by Letter of Credits: It is a type of letter of credit showing the solvency and credibility of the buyer and may be deemed as a letter of guarantee. In Stand-by LCs, the payment is made by the buyer’s bank without the need to fulfil a particular commitment.
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