In the case of a guarantee, the bank gives the recipient of the guarantee the promise
to pay compensation in the extent of the guarantee amount if the recipient of the
guarantee demands it from the bank. The purpose of a guarantee is to offer the
recipient security and quick monetary compensation if the other party to the contract
fails to perform its obligations.
You can also read more about guarantees in the Swedbank brochure Documentary.
Authorised persons can send
applications to Swedbank through internet bank for business customers
if the company already has a
guarantee credit limit.
Please contact Business clients Consultation Centre to obtain a credit decision for issuance of guarantee
Swedbank Documentary Payments Department
If you have any questions or suggestions, send a bank messages. We value your opinion!