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Payment guarantee

VRB commits in writing with the beneficiaries to perform their financial obligations on behalf of the principals (VRB customers) when the principals fail to implement or deficiently implement their agreed obligations according to the letters of payment

Benefits

Quick issuance of letters of guarantee, simple procedures

Get free advice from VRB commercial financing experts

Enhance trust and reputation in economic relations with partners

Features

Enhance trust and reputation in economic relations with partners

Diverse collaterals for guaranteed obligations: cash deposits, deposit contracts, real estate, etc.

Guarantee methods: term loan and/or limit

Flexible guarantee terms on demand

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