Tender, advance payment, performance, progress, assurance of payment, warranty, financial lien, assurance of quality/credit, Ata Carnet.
The wording of the guarantee is “tailored” to the transaction, no matter how complex.
The guarantees are issued/accepted as direct or backup collateral.
A new product at Discount:
Guarantees in cooperation with credit companies – the Government Company for Export (ASHRA).
As part of this collaboration, Discount Bank receives ASHRA guarantees as backup for guarantees provided as part of export transactions.
The program is suited to medium and small exporters with annual exports of up to USD 50 million.