Guarantee Vault services for:
Access to all your guarantees at source, in real-time
As a beneficiary you will receive all your guarantees directly in the Guarantee Vault and have full control over them. Use the Guarantee Vault for safekeeping and administration to eliminate any risk of loss, damage or misplacement. No limitations on the number of secure, legally binding digital guarantees.
Sign-up for free
Receipt
Receive digital guarantees in the Guarantee Vault in real-time and access them directly on the vault.
Claims & Release
Claim submission and execution is done instantly and with full transparency, both the applicant and guarantor can review the claim as soon as it is sent.
Safekeeping
Store & access all your digital guarantees in one place and get full control over the post-issuance process at anytime from anywhere.
Benefits of the Guarantee Vault
Central storage
All digital guarantees in one place. Store and manage all your digital guarantees in one central register.
Risk reduction
Eliminate the risk of duplicate, misplaced, damaged, and lost guarantees.
Compliant guarantees
Digital guarantees are compliant with legal, audit, and regulatory frameworks, as long as they comply with the formal requirements of the respective jurisdiction.
Secure guarantees
Guarantee Vault meets the most stringent EU and global security standards, and uses the strongest data encryption technologies available.
High resistance
State of the art infrastructure protects the digital guarantees against forgery and fraud.
Faster processing
Reduce processing time significantly through the end-to-end lifecycle of guarantees.
Efficiency
Save time and resources through digitization efficiencies and elimination of manual handling.
Ease of use
Manage all your guarantees from one place and control the post-issuance process.
Features of the Guarantee Vault
Compliant storage
The Guarantee Vault undertakes the safekeeping and administration of records for a period of 10 years after closing the guarantee.
Admin functions
Have full control over your accounts. Manage user creation, user role permissions and company authorizations.
4-eyes principle
Ensure effective control and monitoring on actions related to guarantees while being efficient and fast in decision-making.
Alerts and notifications
Receive real-time alerts and notifications when guarantees are issued or post-issuance requests are made.
Corporate guarantees
Receive corporate guarantees in the same way you receive other issued guarantees. You can manage your entire guarantee portfolio on the Guarantee Vault.
All types of guarantees
Handle all types of guarantees including Bank Guarantees, Corporate Guarantees, Surety Bonds Corporate Sureties, Comfort Letters & Standby Letters of Credit.
developed with:
“Guarantee Vault’s digital guarantee solution enables a true end-to-end digitization of the guarantee life-cycle.
The solution allows us to expand our service offering to clients, helping them better manage their business, reduce costs, improve efficiency and reduce risk.
We are proud to be part of this true market initiative and look forward to the exciting journey ahead.”
Susanne Offermann-Tesch
Country Manager Bonding Germany
“Working closely on the Guarantee Vault project with other market participants has been a great experience. For many years the lack of transparency in the Guarantee process today has been an on-going problem for us.
Because of this, managing our portfolio of outstanding guarantees across all our banking and surety partners has been a significant challenge.
Through the added transparency it brings, Guarantee Vault gives us oversight at source which solves the problem.”
Nicole Kerndler
Deputy Head of Bank Guarantee Management
Discovery Call & Demo
Not fully convinced yet? We’re more than happy to provide you an individual Guarantee Vault Demo. Discover more details, core functionalities and benefits of the platform for your business.
Discovery Call & Demo
Target audience:
Beneficiaries
Duration:
45 min
Date & time:
On request
Get your account
Benefit from digital guarantees and Guarantee Vault to the full extent. Sign-up for free now.
Sign-up for free