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Performance Guarantee

Also known as a Bank Guarantee, this can be used as an alternative to a bond or deposit.

Also known as a Bank Guarantee, this is a guarantee of payment that can be provided to your customers or suppliers.  When used as an alternative to a bond or deposit, a Performance Guarantee can free up your working capital.

CONTACT YOUR BUSINESS BANKING SPECIALIST

  • Establishment Fee - $80 or 0.50% of the Guarantee amount*
  • Annual Fee - 1.50% of the Guarantee amount*2

For a comprehensive list of fees and charges associated with our business loan products, take a look at our Schedule of Fees and Charges.

 
  • Meet contractual obligations to customers or suppliers by guaranteeing availability of funds
  • Earn interest on your guaranteed funds

Need more information?

CONTACT YOUR BUSINESS BANKING SPECIALIST

Important Information

* The greater of the two is applicable.
*2 Charged 6 monthly

charged 6 monthly
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