In recent years, these facilities have become increasingly popular, as they allow the beneficiary to access large credit facilities using the guarantee as a credit guarantee. Since the guarantee is actually entered into the beneficiary`s account, the subscription criteria are much lower than for conventional loans. The bank guarantees thus obtained are no different from any other form of guarantee of the claim. The fact that there is an underlying agreement (the security transfer agreement) has no bearing on the wording or construction of the collateral. This allows the beneficiary to use the collateral to obtain credit, to secure lines of credit and loans, or to enter into commercial positions or sales/sale contracts. .