Double click here to edit Header component
Signpost is empty.Double click here to edit it in Header component
Parsys 1

Parsys 2
Parsys 3
Have you granted a guarantee in favour of Barclays Bank PLC (BB PLC) in relation to Corporate Banking or Business Banking products?

If yes:

Is the guaranteed liability transferring to Barclays’ ring-fenced bank, staying in BBPLC or being partly retained by BBPLC and partly transferred to Barclays’ ring-fenced bank?

Staying in BBPLC: if the guaranteed liabilities are to stay in BBPLC then there will be no change.

Transferring to Barclays’ ring-fenced bank: if the guaranteed liabilities are transferring entirely to Barclays’ ring-fenced bank, then the guarantee will be deemed to have been originally made in favour of Barclays’ ring-fenced bank

Partly staying in BBPLC and partly transferring to Barclays’ ring-fenced bank: you will be deemed to have granted two guarantees:

  • one to Barclays’ ring-fenced bank in respect of the guaranteed obligation(s) which moved to Barclays’ ring-fenced bank and
  • one to BBPLC in respect of the guaranteed obligation(s) which stayed with BBPLC.

Apart from the changes mentioned above, there will be no other substantive changes to the terms and conditions governing the guarantee you originally granted to BBPLC.

I have a limit to the amount I guarantee. What will happen to that limit?

The overall guarantee limit will be the same: there will be no change to the overall limit, even if you are deemed to have granted two guarantees.

Parsys 4
Parsys 5
Parsys 6
Parsys 7
Parsys 8
Parsys 9
Parsys 10