Опубликовано на Aloqabank (http://aloqabank.uz)

Bank guarantee

Bank guarantee - a document under which the bank agrees to pay the limited amount of money to a named party to the conditions specified therein. The Bank undertakes the obligation to make performance unseparated in cash in the case where a third party fails to make a specific performance. This type of bank services guarantees fulfillment of obligations by the client to the counterparty and other banks.

When issuing the guarantee the contract is concluded with the client, which defines the procedure for issuing a bank guarantee, its terms, payment terms, and mutual responsibilities of the parties. In some cases, the contract requires the provision of similar credit agreement.

For a bank guarantee customer provides the bank the documents according to the set list for a loan.

To date the OJCS "Aloqabank" offers its reliable customers the following guarantees:

Guarantee for contract and agreement obligations

Terms of guarantee:

Collateral of guarantee:

Tender guarantee

Terms of guarantee:

Collateral of guarantee:

Required documents: