Home| About Us| Contact Us| Careers| Internet Banking| Media Room|
YOU ARE HERE:   Skip Navigation LinksHome  >  Corporate foreign exchange  >  Trade services  >  Guarantees
Head

GUARANTEES

A guarantee is an irrevocable undertaking by which the issuing bank, Bidvest Bank, holds itself financially liable for the consequences of non-performance of the obligations by a third party towards another party
Guarantees
There are a number of different uses for guarantees:
  • Tender guarantee/bond
  • Performance guarantee/bond
  • Repayment guarantee/bond
  • Advance payment guarantee
  • Warranty guarantee
  • Retention money guarantee
  • Letter of indemnity
Foot
Retail foreign exchange rates
 Notes sellOther sell
AUD0.11830.1186
EUR10.861910.8297
JPY9.17819.2250
MUR3.28113.3152
GBP13.515213.4752
USD8.57128.5459
Last updated 18 May 2012 at 13h28
View all rates |  Order forex |  RateUpdate


Regulatory requirements  |  Sitemap  |  Opt out of sms or email communication  |  Pricing Communication 2011
© Copyright 2012 Bidvest Bank Limited. All rights reserved.
Bidvest Bank Limited is a licensed financial services provider and a registered credit provider, NCRCP17. The only valid Bidvest Bank websites are www.bidvestbank.com and www.bidvestbank.co.za. Beware of websites purporting to be either a Bidvest Bank website or a site associated with Bidvest Bank - these sites are fraudulent. Please report any such site to fraudsquad@bidvestbank.co.za.