EXCHANGE RATE - 19.06.2013.

Currency Buying Middle Selling
EUR EUR 111.8199 114.0438 116.2677
CHF CHF 89.8445 92.5755 95.3065
GBP GBP 129.2079 133.1354 137.0629
USD USD 82.6398 85.1518 87.6638
complete rate

Guarantees

Corporate banking     Documentary operations    Guarantees

Guarantees

Guarantee presents an instrument of collateral under which the bank assumes the obligation to pay a certain amount to a third party in case the customer fails to pay on time or act in accordance with agreement made with the above third party.
Societe Generale Serbia issues and advises different types of LGs:
  • For securing the payment
  • For the recourse of advance payment
  • Provisional guarantees
  • Bid bond
  • Performance guarantee
  • Guarantees for timely performance
  • Customs guarantees
  • Counter guarantees

LETTERS OF CREDIT

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