Atradius Atrium
Get direct access to your policy information, credit limit application tools and insights.
Payment bonds guarantee suppliers will be paid. They’re often used alongside contract bonds to secure compensation for all contractors and suppliers against the risk of non-payment.
Atradius payment bonds relate to a contract, whereby the buyer (our customer) receives a benefit such as goods, rights and services with a compensation to be paid to the supplier (the beneficiary). These surety bonds cover non-payment of the compensation.
Examples of payment bonds include:
• Rental bonds
• Real estate/property bonds
• Other payment bonds, e.g. fidelity bonds