Guarantees – binding financial agreements between contracting parties and a third party which guarantee that contractual obligations will be met, and that financial penalties will be incurred if not.
Bonds – Flexible financial products underpinned by guarantees which ensure financial reparations to the bond holder if contractual obligations are not met.
Credit Issuance – A core financial product underpinning the import and export of goods across international borders whilst mitigating financial risk to both buyer and seller.
Sureties – A guarantee to protect investors against direct loss of investment in the event of a complete failure to fulfil contractual obligations (such as insolvency).
Claim Management – The process by which any claim against an insurance or guarantee product is handled by a bank or third party agent.