Convenient banking

An indemnity or guarantee is a formal financial obligation to a third party assumed by the bank on behalf of established and credit worthy customers.

Widely accepted as a form of security, indemnities and guarantees can help your business enter into contracts for various works with particular emphasis on property developers, builders, contractors, sub-contractors, and government and semi-government organisations. It also frees up funds to be used for working capital or other investment.

Features at a glance

Customer need	ANZ solution
Improved cash flow	Free valuable resources for working capital purposes.
Total flexibility	Issued for many different purposes including: Performance bonds for building and supply Immigration bonds to enable issuance of immigration and work permits for foreign nationals Customs and excise bonds and guarantees Tender bonds Shipping or airway bill guarantees Stand-by letters of credit.

Find out more

Find out more about bonds, indemnities and guarantees by visiting your local ANZ branch or call +679 3213 000 to speak to an ANZ specialist today.

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