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A guarantee is an arrangement by which the bank agrees to be answerable in complying with an obligation before a third party.
Having a guarantee issued by Santander in your favour will allow you to meet the requirements of the beneficiary, derived from a commercial relationship, such as renting a property or participating in bids, tenders and auctions.
Bank guarantees for companies issued by Banco Santander are characterised for being:
For further information and arranging one of our bank guarantees for companies you can go to your nearest branch.
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Guarantees, depending on their term, can be of two types: indefinite guarantees with indefinite maturity (without expiration) and guarantees with a specific maturity date.
Yes, customers can use their own guarantee models, subject to review by our legal department.
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