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Cash Backed Guarantee

Subject to approval, Standard Bank Isle of Man may offer Guarantees and Clean Letter of Credit facilities secured by cash held on deposit with the Bank.

What does it offer me?

Minimum amount

  • GBP100,000 or currency equivalent

Term

  • Maximum 12 months; with the ability to renew annually thereafter, subject to Bank approval on each occasion

Guarantee value

  • 100% of cash deposit amount for same currency security and guarantee. Maximum 80% of deposit amount for cross currency security and guarantee.

Arrangement fee

  • Dependent on the guarantee amount

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Contact us

Personal Banking

Service Queries

+44 (0) 1624 643643

Debit Card (24/7 services)

General Enquiries

+44 (0) 1624 643623

Lost / Stolen Cards

+44 (0) 1624 643644

New Clients

International

+44 (0)1624 643700

South Africa

+27 (0) 860 333 383

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