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Bid guarantee
Bid guarantee
VIB undertakes in writing to the guarantee recipient to perform financial obligations on behalf of the customer when not performing or performing partly the committed obligations under the letter of guarantee.
Advance payment guarantee
Advance payment guarantee
VIB undertakes in writing to the guarantee recipient to perform financial obligations on behalf of the customer when not performing or performing partly the committed obligations under the letter of guarantee.
Performance guarantee
Performance guarantee
VIB undertakes in writing to the guarantee recipient to perform financial obligations on behalf of the customer when not performing or performing partly the committed obligations under the letter of guarantee.
Warranty guarantee
Warranty guarantee
VIB undertakes in writing to the guarantee recipient to perform financial obligations on behalf of the customer when not performing or performing partly the committed obligations under the letter of guarantee.
Tax payment guarantee
Tax payment guarantee
VIB commits to the Customs Office for paying taxes on behalf of the guarantee (VIB's customers). Taxes include export tax and import tax on goods.
Real estate advance payment guarantee
Real estate advance payment guarantee
VIB commits to fulfill financial obligations on behalf of the project's owner when the deadline of project delivery is broken and owner has unability to repay