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Payment Guarantees

Get confirmation of your business opportunities


What is a payment guarantee?

A reliable instrument for ensuring security and stability of business relations between counterparties. It is provided by the guarantor bank on the basis of the customer's (Applicant's) application and is a written obligation to make a payment for the customer to its counterparty (Beneficiary) in case of failure to perform or improper performance of the terms of the Contract between the Applicant and the Beneficiary.

Benefits
Guarantee Issuance

Get payment guarantees in maximum 20 minutes

Security

100% cash cover

Issuance of payment guarantees under secured credit lines

Online verification

Verify the guarantee's authenticity on the bank's external website

Online issuance

Issue payment guarantees via Internet Banking


Go to online banking
Guarantee purposes

Fulfill your obligations owed to partners

Payment guarantee conditions and tariffs

Maximum guarantee period

In accordance with the terms and conditions of the Agreement/Contract

Guarantee amount

In accordance with the terms and conditions of the Agreement/Contract

Currency

KZT, EUR, USD, etc.

Guarantee Provision Form

  • On the Bank's letterhead
  • Electronic Bank Guarantee (EBG)
  • Via SWIFT system

What is required from the customer:

  • Agreement/Contract 
  • Customer's application 
  • Bank Guarantee form (if any)
  • Package of documents, when issuing a guarantee through a bank branch

Payment guarantee against money pledge


from 0.2% p.a. of the guarantee amount for actual number of days, minimum ₸12,000

Payment guarantee against security deposit, precious metals, precious stones 


For the guarantee amount of up to KZT 5,000,000 – 3% p.a. of the guarantee amount for actual number of days, minimum ₸12,000 

For the guarantee amount from KZT 5,000,000 – 1.5% p.a. of the guarantee amount for actual number of days, minimum ₸12,000

Fee for a payment guarantee issued under the guarantee limit/credit limit/credit line, which are secured not by a 100% deposit/pledge


From 3% p.a. of the guarantee amount for actual number of days, minimum ₸12,000

Unsecured payment guarantee

7% of the guarantee amount, minimum ₸27,000

Documents
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