Will - Garantias Contratuais

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Bank Guarantees

It is an operation in which the Bank declares its support for the client in risks which are assumed by him.

Of course, the institution will only declare its support for those clients whose credit analysis indicates them as of small risk or zero with respect to non-compliance.

The deposit is a written obligation. It is a contract by means of which the Bank (in this case guarantor) guarantees the compliance with the obligation by its client (in this case the guaranteed), together with a creditor in favor of whom the obligation must be complied with (in this case the beneficiary)

 

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Will - Contractual Guarantees

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