About the product
What does the guarantee cover?
Eksfin’s guarantee normally covers up to 50 per cent of the bank/financial institution’s risk.
For bank guarantees up to NOK 10 million, Eksfin may consider covering up to 70%.
The following counter guarantees are issuable:
- Tender guarantee
- Advance payment guarantee
- Performance guarantee
- Warranty bond
Eksfin can also provide risk mitigation of unfair calling on the bond guarantees
How to apply for counter guarantee
Who can apply?
Eksfin issues the guarantee to the Exporter’s bank or other financial institution. The bank therefore sends the application to Eksfin.
How to apply?
Please start the process by filling in the application form.
How much does it cost?
Eksfin charges the same premium as the bank’s risk premium.
An extra guarantee premium is charged for coverage of unfair calling on the bond guarantee.