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Home > Operations > With companies > Guarantees-letters of credit > Kuna guarantees

Kuna guarantees

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For successful and safe carrying out operations in the country and for getting new jobs, Jadranska banka offers You a wide range of guarantees:

  • Payment guarantees
    With such a guarantee, the Bank obliges itself to settle debts, whether on  goods, financial or other kind of loans, in case the debtor himself, that is the Bank's customer, does not do it within contracted time limits.

  • Guarantees for good and timely carrying out an operation
    To Your buyers or placers of orders, with such a guarantee the Bank guarantees carrying out  works within time limits and the way as foreseen by a contract.

  • Quality guarantees within warranty periods
    With such a guarantee, the Bank warrants  to Your buyers or investors, in the time period  immediately  following  completion of a work, removing deficiencies or compensating  damages caused by possible defects or other mistakes.

  • Advance repayment guarantees
    With such a guarantee, the Bank guarantees to Your buyers or investors advance repayment  in case contracted works foresee such payments, if works contracted are not carried out in the ways anticipated by the contracts.

  • Tender participation guarantees
    For investment work contractors participating in tenders, the Bank issues guarantees to bidders with which it  guarantees to the investor inviting tenders or public auctions  that a bidder will not withdraw from a tender nor give up concluding a contract if his offer is accepted.

  • Customs guarantees
    With this type of guarantee, the Bank guarantees the Customs Administration that customs duties for goods taken over and for which duties have not been paid, will be settled in order. With this kind of guarantee the Bank also guarantees the Customs Administration that customs duties for goods temporarily imported (in case of  import of machinery or fair exhibits, leasing and similar)  will be paid, in case the same are not  timely returned to the owner.

  • Letters of intent
    The Bank issues letters of intent on customers' demand. This usually precedes issuing guarantees on whichever bases and it is inevitable at applying for a public tender for effectuation of certain works. It represents an obligation of the Bank that in case his tender is realized, it will issue an advance repayment guarantee or good and timely effectuation of a work.
For issuing guarantees, the Bank charges fees in accordance with the ruling Bank's Tarif.

 
  Documentation for legal entities  
Documentation for artisans
 
Applicable as of: 17.5.2012.
curr.   buying mean selling
AUD 1 5,767699 5,867446 5,967193
USD 1 5,834039 5,922882 6,011725
CHF 1 6,169703 6,263658 6,357613
EUR 1 7,462472 7,522653 7,575312
GBP 1 9,279666 9,420981 9,562296
CAD 1 5,759613 5,859220 5,958827
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last edited 04-8-2008.
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