Guarantees and Documentary Operations

Guarantees and Documentary Operations


  • Purpose: to provide Bank Guarantees of the client's obligations toward a third party.

  • Amount: determined by the document (contract) between the client and third party (or tender documentation).

  • Maturity: based on the request of the Guarantee. 

The frequently used types of Guarantees are: Payment Guarantee, Custom Guarantee, Tender Guarantee (bid), Warranty Guarantee, Retention money Guarantee, Performance Guarantee, Advance Guarantee and Credit repayment Guarantee. 

Guarantee user:

All legal entities and entrepreneurs registered in Montenegro.

Product price:

Product price is determined on the basis of economic and financial analysis of the company, credit history, turnover on the account with Adriatic Bank, collateral quality and value.


  • Bills of exchange and authorization

  • Authorization of collection right

  • Pledge on movables

  • Mortgage

  • Assignment of receivables

  • Deposit (Cash collateral) 

How to apply for a guarantee?

The SME loan application, along with the necessary documentation, should be submitted to a SME Relationship Manager. Upon the completion of the decision-making process, the SME Relationship Manager will inform the client whether the application has been approved and upon which terms and conditions.