Our staff is highly trained in the issuance of bonds with international counterparties, so we are sure to meet and exceed your expectations.
This line of Services is aimed at foreign companies that operate as providers or contractors for the Government, or Individuals that must fulfill obligations within our national territory, or national companies that must fulfill obligations outside the country.
In all cases, and in accordance with the Federal Law on Surety Institutions, surety institutions are obliged to request from their sureties, sufficient and verifiable guarantees in order to be able to counter guarantee the obligations assumed.
If a foreign company enters into contracts with the Government or Individuals, and the one by virtue of the contract has the obligation to guarantee with confidence the obligations contracted and because it is a foreign company, it will not necessarily have the recovery guarantees established by our legislation, and thus this company would not be subject to surety; however, our legislation on surety allows foreign companies many differents ways of access to guarantees, and to use the different guarantee instruments, according to the following:
As noted, although a foreign company has no assets in our country, it is likely to be subject to bond through the implementation of any of the above-mentioned models, which have individually performed a specific procedure.
If you are a representative of a foreign company that supplies goods or services, or operates in Mexico, contact us.