Guarantees issued and electronically signed by the Absa Guarantee Hub are now being accepted by Standard Bank.
This means that electronically signed guarantees can be issued on any matter in favour of Absa, Nedbank or Standard Bank of South Africa, positioning the Absa Guarantee Hub as the most efficient and secure way of issuing guarantees.
Ensuring the authenticity of an electronic guarantee is simple; attached is an Attorney Guide to the Absa Guarantee Hub software, and an aid for identifying the key elements of an authentic Guarantee such as:
- What you need from an electronic Guarantee;
- How it is achieved using an electronic signature/digital certificate;
- What you should look for when opening them.
Remember, a document containing an invalid signature, or which has been signed with any other certificate will not be considered a valid Guarantee and will not be honoured by Absa bank.
If you need further support, please contact your Korbitec Consultant, or alternatively phone the GhostConvey Support Team on 0861 144 678.