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PAYMENT BOND

Payment Bond allows the principal (in the capacity of the buyer) to obtain payment deferral
Improve your credibility with the supplier
Your trading partner will be confident that Raiffeisenbank will pay the  guaranteed amount if you fail to meet your obligations arisinf out of the agreement
Expert advice when concluding commercial contracts

PRODUCT INFORMATION

Payment Bond is a payment guarantee that represents the irrevocable obligation of the bank to pay the specified amount if the  applicant (i.e. the buyer ..) fails to meet the payment obligation arising out of the agreement as specified in the letter of guarantee. By contracting a guarantee with Raiffeisenbank, you obtain a number of other services and benefits:
  • Individual approach and modification in the wording of the guarantee according to the needs of your company and the beneficiary
  • Framework agreement for easy repeated issuance of guarantees
  • The experience of a strong international group