Bank guarantee may represent security of fulfilling by the principal various obligations in respect of export, import and domestic transactions.

The content of a guarantee may be formed individually (pursuant to the applicable law), depending on the subject of the liability and on expectations of the beneficiary.

The principal of a guarantee, to be granted by the Bank, may:

• place an electronic order for granting a guarantee, surety, bill of exchange guarantee, stand-by letter of credit (being the form of a guarantee) on a form which is fitted with drop down lists, simplifying the process of selecting a ready answer and an automatic validation of completeness and cohesion of data in defined and related order fields
• review all the data of own active guarantees (also issued on the basis of orders placed on paper), as well as documents and confirmations generated at the Bank and related to execution of orders placed via the iBRE system
• place an electronic order to change the amount or maturity of a guarantee, or other instruction on any active guarantee of which the data may be browsed via the iBRE system
• monitor the process of handling orders and instructions on the basis of the system information on their current status