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Tender guarantee

Tender guarantee is a necessary tool for companies which take part in tender-based procurements, in case the tender documentation specifies security in the form of a guarantee. Tender guarantee may be provided in the form of a paper document or electronically (electronic guarantee).

Granting of electronic guarantee is stipulated by Law of Ukraine “About Public Procurements” No. 922-VIII dated December 25, 2015, for conducting public procurements on-line in system ProZorro.

Electronic guarantee is an electronic document containing all terms of the guarantee, digital signatures of Bank’s authorized persons, and the Bank’s digital seal. A duly filed e-guarantee is sent to e-mail of the customer (principal), who may attach it to his tender offer and upload it in the relevant eprocurement web-platform accredited and connected to system ProZorro.

The main terms of the guarantee of Piraeus Bank:

  • Warranty period: up to 150 calendar days inclusively.
  • Currency of the guarantee: UAH.
  • Amount of the guarantee: limited of the amount specified in the tender documentation.
  • Collateral: property rights on the deposit in Piraeus Bank; cash cover on Piraeus Bank account; another collateral on an individual decision.
  • Tariff of the commission remuneration: from 1% from the amount of guarantee (min UAH 1 thousand, max UAH 4 thousands).
You can order a call and our specialist will contact you at a convenient time for you
0 800 30 888 0
(calls from fixed line phones within Ukraine are free).
Did you know...
Piraeus Bank
was founded in 1916
Our achievements
Piraeus Bank became the winner in "The Most Innovative Bank" category according to "InvestGazeta" business edition, entering TOP-3
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Bank license ¹91 as of 17.10.2011
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