Bank guarantees
Guarantee issuance, increase of its amount (1)
- if secured by cash cover (2)/term deposit pledge0.5% of the amount, min. €100
- if secured by another collateral0.5% of the amount, min. €100, max. €180 and interest for the bank's commitment
Guarantee issuance at the request of another bank€250 and interest for the bank's commitment
Guarantee amendment, including reduction of guarantee amount under the conditions of the guarantee€40
Urgent issuance/amendment of a guarantee (3)€80
Cancellation of guarantee application€45
Preparation of guarantee or it's amendment draftAs agreed, min. €50
Handling of demand for payment under guarantee0.1% of claimed amount, min. €145
Advice of guarantee or it's amendment issued by another bank€40
Handling of demand for payment under a guarantee issued by another bank€55
Verification of authenticity of a guarantee issued by another bank (applicable if the Bank is not the advising bank)€45
Preparation of inquiry or information at the customer's request€25
Documents handling and sending by courier abroad / locally€55 / €17
Agreement/Agreement amendmentAs agreed

(1) In case of increase of guarantee amount, the fee is calculated on the amount by which that guarantee is increased. No fee for amendment to the guarantee is charged additionally.
In certain cases (for issue of a guarantee in non-standard wording or other language and the like) a higher fee may be charged on the agreed basis.
(2) The Bank does not pay any interest for funds reserved as cash cover.
(3) An extra fee to Guarantee issuance/amendment fee. Urgent guarantee is issued or amended within one working day from the moment of submitting the application filled in correctly and signed properly with the Bank. When submitting the application, all of the conditions for guarantee issue or amendment shall be met.

More information about Guarantees can be found here.