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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