Guarantees
Commitment letters, technical and financial guarantees (commercial and financial)
Concept |
% |
Minimum (euros) |
Arrangement fee |
1.00 |
30.00 |
Quarterly commission |
1.00 |
30.00 |
Notes
Commission will be charged per quarter in advance.
Commission will be accrued until the guarantee document is returned, or in the absence of this, when the guarantee is duly cancelled to the entire satisfaction of the Bank. Similarly, commission will cease to accrue when the issued guarantees expire upon their specified maturity.