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Guarantees
Guarantees are used to provide additional surety of performance and/or payment to your business counterparty
Features and Benefits
- Protection against non-performance or non-payment to your counterparty.
- Easy application process;
- Flexibility to support the underlying commercial agreement;
- Specialised service from our relationship team and client services centre.
- Risk management – Guarantees mitigate the risk of non-payment or non-performance by you or your counterparty;
- Improved cash flow – Guarantees enable you to guarantee payment to a counterparty without committing funds in advance;
- Nedbank serves as an intermediary – The bank protects the interests of all parties.
Nedbank’s guarantees can bring stability and certainty to your business deal.
