Advance payment guarantee

Secure any claims in relation to return of advance payment where the contract provides for advance payment to be made to the applicant, and the applicant fails to fulfil its obligations on delivery of goods or services. Advance payment is normally 10-20% of the contractual sum and an advance payment guarantee will secure the whole payment. 

DNB recommend that any advance payment guarantee contains a clause securing that the advance payment are received on the applicants account before any claim or payment can be made under the guarantee.
Contact International Guarantees
Customer service on
+47 95091078

You may also call our Corporate Customer Service on (+47 915) 04800.