Bank Guarantees

What is it?

A bank guarantee is a commitment made by BANGE BANK BENIN to a beneficiary (government, company, supplier, lessor, etc.) to ensure the fulfillment of its client's contractual obligations.

In the event of default by the client, the bank commits to making payments within the agreed limits. A true tool of trust, the bank guarantee secures your transactions, reassures your partners, and facilitates the conclusion of contracts in both construction projects (building and public works, infrastructure, supplies, services) and foreign trade operations.