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Can a Bank Guarantee be issued at the request of sub-contractor on behalf of contractor?
Wiki User
∙ 9y ago
Yes, a bank guarantee can be issued at the request of anyone. It is their decision whether they require a guarantee or not.
Wiki User
∙ 9y ago
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Request to Cancel Credit Card?
Get StartedThe Request to Cancel Credit Card is used to request the cancellation of a credit card. It may be a cancellation request for your credit card or you may be making the request on behalf of someone else, for example, on behalf of a card holder who has died.
What includes communications on behalf of another person made with the intent to influence?
Slander/contractor
Who are the parties involved in bank guarantee?
Guarantor– The Bank who gives the guaranteeApplicant– The Company on whose behalf the guarantee is givenBeneficiary– The Company on whose favor guarantee is given
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Dear Manager I request to you to pls give me new passbook on behalf of my stolen passbook. Its my request to you, Sir.
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If the individual has some material information to contribute to your judicial hearing, you request that the court subpoena them on your behalf.
Can an insurance provider drop your daughter from the policy and then request reimbursement for payouts made on her behalf?
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What is the difference between a corporate guarantee and a bank guarantee?
A Bank guarantee is given by the bank on behalf of it's customer (applicant) to the beneficiary of the bank, that in case of non happening of the particular event which is being covered by that particular guarantee, the bank ( guarantor) will pay the beneficiary an amount, which is mentioned in the guarantee, provided the beneficiary submit the claim under the guarantee in the agreed format and within agreed time. The claim ( compensation) under the bank guarantee will be financial in nature. A corporate guarantee is a guarantee given by the corporate to cover their own exposure or exposure of some other related entity, to the bank. It will also be financial in nature and banks derive an additional comfort from such guarantees when they do their lending to particular borrower.
Cable contractors are sent out to do what?
A cable contractor installs and maintains network lines for telecommunications companies. Cable contractors service customer needs on behalf of their employees by setting up and traveling to appointments.
