Bank Guarantee (BG)
A bank guarantee (BG) is a financial assurance provided through The Hanson Group of Companies that promises a bank will fulfill a client’s payment or contractual obligation if the client defaults, strengthening credibility with creditors and partners. In their leased BG purchase program, qualified clients can access a BG from top global banks via SWIFT, Euroclear, or Bloomberg after meeting deposit requirements, enabling collateral for financing, trade, or project support. This service helps businesses secure collateralized instruments efficiently while ensuring compliance and structured delivery.