1. Corporates
  2. Financing
  3. Trade and export finance
  4. Bank guarantees
  5. Bid bond

BID BOND

The bank guarantee will improve your credibility with potential customers
You will be able to participate in tenders without having to deposit money with the contracting authority
Your trading partner will be confident that Raiffeisenbank will pay the guaranteed amount if you fail to meet your obligations arising out of the agreement
Individual approach and modification in the wording of the guarantee according to the needs of your company and the beneficiary

PRODUCT INFORMATION

By contracting a bank guarantee with Raiffeisenbank, you obtain a number of other services and benefits:
  • Expert advice when concluding commercial contracts
  • Framework agreement for simple repeated issuance of guarantees
  • The experience of a strong international group

Bid Bond is a non-payment guarantee and represents the irrevocable obligation of the issuing bank to pay the specified amount if the applicant/bidder fails to meet the obligations that follow from the tender conditions.