Managing Risk

Bonds, Guarantees &
Standby Letters of Credit

How can we help

Bonds and guarantees

Give your international suppliers valuable reassurance - and ensure they deliver as agreed. A bond or guarantee issued on your behalf lets your suppliers know that you can meet your contractual commitments - as long as they meet theirs.

As an exporter a bond or guarantee can help you trade with added confidence. Mitigate the risk of failed payments with financial compensation from us, subject to terms and conditions.

Standby letters of credit

Trade confidently with your suppliers or buyers. Standby letters of credit support your normal open account trading. In some parts of the world, like the USA, they’re traditionally required in place of bonds or guarantees.

These instruments can be arranged in favour of overseas suppliers and other counterparties or in favour of your customers in order to cover your contractual obligations.

Ways our solutions could benefit you

Accepted worldwide

Issued by us through our global network of international partner banks.

Individually tailored

Specific solutions that match your import trading needs.

Build confidence

Highlight your financial strength by demonstrating you can meet your contractual obligations.

Global reassurance

Bonds, guarantees and standby letters of credit prove your ability to pay, addressing a key issue for suppliers.

Let's get started

Is your business turnover...

Thanks, now tell us what sort of customer you are

Ready to apply

If you’re a UK customer, simply click the button to start your application online. Alternatively, you can always talk to your relationship manager or give us a ring on the number below.

Application subject to customer credit line facilities. Fees and charges will apply for these services.

Contact us on: 0345 050 1422

Text Relay: 18001 0345 303 0077

Lines are open 9.00am-5.00pm, Monday to Friday (except public holidays).

Calls may be recorded and call charges from residential, business and mobiles vary, depending on your telephone operator’s tariff.

If you’re a customer registered abroad, or you’d prefer to apply offline, you can download an application form below.

Are you a new customer to the bank?

Please call our trade finance specialists who can talk you through solutions tailored specifically for you.

Contact us on: 0345 050 1422

Text Relay: 18001 0345 303 0077

Lines are open 9.00am-5.00pm, Monday to Friday (except public holidays).

Calls may be recorded and call charges from residential, business and mobiles vary, depending on your telephone operator’s tariff.

Thanks, now tell us what sort of customer you are

Ready to apply

If you’re a UK customer, simply click the button to start your application online. Alternatively, you can always talk to your relationship manager or give us a ring on the number below.

Application subject to customer credit line facilities. Fees and charges will apply for these services.

Contact us on: 0345 050 1423

Text Relay: 18001 0345 303 0077

Lines are open 9.00am-5.00pm, Monday to Friday (except public holidays).

Calls may be recorded and call charges from residential, business and mobiles vary, depending on your telephone operator’s tariff.

If you’re a customer registered abroad, or you’d prefer to apply offline, you can download an application form below.

Are you a new customer to the bank?

Please call our trade finance specialists who can talk you through solutions tailored specifically for you.

Contact us on: 0345 050 1423

Text Relay: 18001 0345 303 0077

Lines are open 9.00am-5.00pm, Monday to Friday (except public holidays).

Calls may be recorded and call charges from residential, business and mobiles vary, depending on your telephone operator’s tariff.

Additional resources

If you are an existing customer registered abroad and want to apply, download the form and return it to your relationship manager. Application subject to customer credit line facilities.

Factsheet

Bank Guarantees (also referred to as bonds or Standby Letters of Credit) provide both buyers and sellers in a trade transaction with reassurance that either performance or financial obligations will be met. We can issue guarantees on your behalf or receive and validate guarantees issued by other banks in your favour.

Something else we can help you with?