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Bank guarantee

Bank guarantees


A guarantee from Raiffeisen Bank Aval is a written commitment of our bank to pay a guaranteed amount to a creditor (beneficiary), if we receive a written demand proving the debtor’s (principal’s) default on its obligations guaranteed by out bank.



Bank guarantees | Raiffeisen Bank Aval
Payment guarantee for tour operators and travel agencies

A bank guarantee covers compensation of damages suffered by tourists as a result of the travel agency’s or tour operator’s insolvency, liquidation or bankruptcy.

Period of guarantee

up to 63 months + 14 days*

Currency
hryvnia
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Bank guarantees #2 | Raiffeisen Bank Aval
Contract performance guarantee

This service provides coverage for the risk of default by supplier of the obligations’commitments under the agreement.

Period of guarantee
to be stipulated in contract
Currency
hryvnia, US dollar, euro
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Bank guarantees #3 | Raiffeisen Bank Aval
Payment guarantee

Securing fulfillment of buyer’s payment obligations to seller under contractEnsures the fulfilment of the payment liabilities’commitments of buyer to seller under the contract.

Period of guarantee
to be stipulated in contract
Currency
hryvnia, US dollar, euro
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Bank guarantees #4 | Raiffeisen Bank Aval
Tender guarantee

A guarantee under which the bank agrees to pay money to the tender organizer if the client (ordering a tender guarantee) fails to fulfill requirements of tender.



Period of guarantee
up to 150 days
Currency
the hryvnia
The maximum amount
the equivalent of 500 000 euros
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What benefits you get

Bank guarantees #5 | Raiffeisen Bank Aval
Securing contractual obligations
Bank guarantees #6 | Raiffeisen Bank Aval
Advantages when participating in a tender
Bank guarantees #7 | Raiffeisen Bank Aval
Safety: a payment is guaranteed by the reliable Bank
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