Except in the case of repatriation for which the costs are paid immediately, payment is made by the guarantor within three months of presentation of the written request, accompanied by supporting documents.
If the guarantee is terminated before the expiry of this period, the starting date is postponed to the date of publication of the notice provided for in article R. 211-33.
However, if the guaranteed person is the subject of collective proceedings during the period set out in the first paragraph, payment of the claims may be deferred until the statement of claims has been filed with the court registry under the conditions set out in articles R. 624-8 to R. 624-11 of the French Commercial Code.
The collective guarantee body, the insurance company, the credit institution, the finance company or a group of associations or non-profit organisations whose guarantee has been called upon is automatically subrogated to all the rights of the discharged creditor, as stated inarticle 2309 of the Civil Code, with regard to the debt of the guaranteed person and within the limit of the repayment or restitution made by it.