Bank Guarantees

GetFunded - Open Development is one of the most trusted trade finance solution providers in the UK who is here to help you keep your supply chain moving smoothly in order to lead you to business growth.

Worry no more about the risk of losses when performing commercial and financial transactions from now on as Pacific Corp is here to offer you the best bank guarantee services for your unique situation. With years of experience as a trade finance solution provider in the UK, we’ll offer you the advice, expertise and support in obtaining bank guarantees.

What is a Bank Guarantee?

Bank guarantee is a guarantee issued by a bank or a financial institute to reduce risks in transactions for both parties involved in the transactions in case of a contract breach. In an event of a contractual obligation of the seller/ exporter or a payment obligation to the seller/importer, the bank or the financial institute guarantees to indemnify the recipient against the contractual obligations of the exporter or the importer. With this, the risk factor will be reduced drastically for both parties in a contractual agreement while encouraging the transaction to proceed effectively.

Obtain your bank guarantee for your next big transaction from a reputable trade finance company in the UK for reasonable service costs. Our experts will help you get your bank guarantee fast causing you minimum hassle.