Bank guarantees
Targeted heading at payments and services

UBS bank guarantees give you security and exclude any possible risks.

Guarantees

Guarantees

A bank guarantee is a one-way contract between a bank as the guarantor and a beneficiary as the party to whom a guarantee is made

Standby LC

Standby LC

The standby letter of credit comes from the banking legislation of the United States, which forbids US credit institutions from assuming guarantee obligations vis-à-vis third parties.

Surety

Surety

In a contract of guarantee (i.e. surety), the guarantor obligates himself toward the obligee of the principal obligor to answer for the latter's obligation.

The confirmed payment order

The confirmed payment order

The confirmed payment order according to Art. 468 of the Swiss Code of Obligations is, like the guarantee, an irrevocable, non-accessory obligation to pay.