How it works

How Guarantee Vault works

For the Issuance & Safekeeping of Digital Guarantees.

All parties. At source. In real time.

Application

Beneficiary illustration

Applicants send standardised guarantee issuance requests to guarantors

Guarantors receive & review guarantee issuance requests

Guarantor illustration

issuance

Guarantors issue digital guarantees and send them to the beneficiary

Guarantor illustration
Beneficiary illustration

Applicants & Beneficiaries access digital guarantee instantly at source

post-issuance

Beneficiary illustration

Applicants & Beneficiaries can send post-issuance requests directly on digital guarantees stored in the vault (including amendments, releases, claims)

Guarantors can execute post-issuance requests (changes) on digital guarantees

Guarantor illustration

Safekeeping

All participants have access to historical data even after closure of a guarantee.