Bank Guarantee Wikipedia

Question: Give me definition of Bank Guarantee.

Answer: Bank guarantee is a written certificate to the beneficiary at the consignor’s request which means that bank has the responsibilities to handle the debt or obligations instead of the consignor. The rights and obligations of both parties would be prescribed by the contract.

Here I am also giving you format of Bank Guarantee.

Bank Guarantee Format

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1 thought on “Bank Guarantee Wikipedia”

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