KBC Bank Guarantee

You can apply for a bank guarantee at any time in KBC Mobile, KBC Touch or KBC Business Dashboard. To apply for a bank guarantee in the KBC Business Dashboard, you must have access to the ‘Finance’ module. Your KBC Business Dashboard administrator can provide this access when requested.

1. Log in
2. Choose the type of bank guarantee you require
3. Fill in all the required fields
4. Double-check the summary of your bank guarantee
5. Submit your application

We will draw up the bank guarantee and send it in electronic form to the beneficiary.

We will issue the bank guarantee no later than the next banking day and send it in electronic form to your counterparty. You’ll find the bank guarantee in Doccle one day after it has been issued at the latest.  

During the application process, you can use a standard text with your personal details added. In this case, be sure to double-check your input, because we will copy it verbatim into the final text.

If you prefer, you can include your own text or a legal text in the guarantee. It is also possible to use customised bank guarantees that are drawn up using the expertise of our ICC-certified advisers.

You pay a one-off establishment fee of 75 euros that covers the application, electronic dispatch, any amendments and handling a claim for payment or releasing the bank guarantee. Any fees charged by a correspondent bank are not included.

You also pay a commitment fee during the term of the bank guarantee, which amounts to a certain percentage per year and is calculated on the guarantee amount, as stipulated in the credit contract. The minimum fee is 50 euros for each quarter commenced.

For customised service, you pay an additional charge of 100 euros.

If you want to apply for a bank guarantee to secure the obligations of another company, you will be shown a list of approved parties during the application process. If the company concerned is not included on our list, you should contact your branch.

You can edit the details of your bank guarantee using KBC Mobile, KBC Touch or the KBC Business Dashboard.

Amending a bank guarantee in KBC Mobile:

1. Log in
2. Tap ‘My KBC‘ at the bottom of the screen and then ‘Business’
3. Go to your business loans and select the loan whose bank guarantee is to be amended
4. Scroll to ‘Drawn down bank guarantee(s)’ and tap ‘Change’
5. Edit your details

Amending a bank guarantee in KBC Touch:

1. Log in
2. Select ‘Business’ at the top of the screen and go to your business loans
3. Select the loan whose bank guarantee is to be amended
4. Go to ‘Drawn down bank guarantee(s)’ and select ‘Change’
5. Edit your details

Amending a bank guarantee in the KBC Business Dashboard:

1. Log in
2. Select ‘Financing’ at the top of the screen and then ‘Loans & credit’
3. Select the loan whose bank guarantee is to be amended
4. Go to ‘Drawn down bank guarantee(s)’ and select ‘Change’
5. Edit your details
   

You can release a bank guarantee in KBC Mobile, KBC Touch or KBC Business Dashboard. To do this, you need a release document signed by the beneficiary and to upload this document during the process.

Releasing a bank guarantee in KBC Mobile:

1. Log in
2. Tap ‘My KBC‘ at the bottom of the screen and then ‘Business’
3. Go to your business loans and select the loan whose bank guarantee is to be released
4. Scroll to ‘Drawn down bank guarantee(s)’ and tap ‘Change’
5. Follow the instructions

Releasing a bank guarantee in KBC Touch:

1. Log in
2. Select ‘Business’ at the top of the screen and go to your business loans
3. Select the loan whose bank guarantee is to be released
4. Go to ‘Drawn down bank guarantee(s)’ and select ‘Change’
5. Follow the instructions

Releasing a bank guarantee in the KBC Business Dashboard:

1. Log in
2. Select ‘Financing’ at the top of the screen and then ‘Loans & credit’
3. Select the loan whose bank guarantee is to be released
4. Go to ‘Drawn down bank guarantee(s)’ and select ‘Change’
5. Follow the instructions

Important: you need a commercial credit power of attorney to start the process in the KBC Business Dashboard.