If you are lucky enough to have a Corporate Guarantee issued to you, you will certainly know what it is for. Most commonly, landlords may receive Corporate Guarantees for rent deposits from their tenants for example. If you have entered into a separate contract for an investor to issue a Corporate Guarantee to secure a credit line, then you would have certainly executed contracts with them by this stage.
It is highly unlikely that a Corporate Guarantee will pop onto your bank account by surprise! If you do receive a Corporate Guarantee and have no idea why, you should contact your bank immediately.
In receiving a Corporate Guarantee, your bank will generally notify you and send you a copy of it (normally a SWIFT terminal printout) for your information. They will also inform you that it is verified and valid and will await your further instructions.
If you plan to receive a Corporate Guarantee, It is important that you bank with an international bank that understand them and can offer you a “private banking” service. Generally we would advise working with Swiss Banks who operate the procedure well.