A bank guarantee facility is best suited for recurring guarantee needs. When using a guarantee facility you do not need to negotiate every bank guarantee separately, and guarantees can be delivered faster.
You can use the facility to draw bank guarantees in euro or other currencies. You can easily apply for a guarantee through Business Online or by faxing a guarantee request form to the bank. Upon expiry of the bank guarantees drawn down from the guarantee facility, the facility will once again be at your disposal.