answersLogoWhite

0

We have a direct genuine provider for BG/ SBLC specifically for lease, at leasing price of 6+2 of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.

Contact: Modhaljafri Ayub

EMAIL: modhaljafriayub@yahoo.com

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Finance

What happened to Guarantee Bank and Trust Co in Dallas Texas?

Nothing. I believe it's Guaranty Bank not "Guarantee Bank."


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.


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


What is a bank guarantee with cash margin?

A bank guarantee is given to the customer to perform specific actions of a contract. When there is a cash margin involved, the money will be returned to the customer once the original bank guarantee is completed.


How can a bank guarantee be discounted?

A bank guarantee is issued by a bank to perform a task or to repay a loan by a borrower. It can be discounted when it is offered by the payee or last endorsee and the bank will pay and collect the amount from the drawer.

Related Questions

Business Loan In India?

Bank guarantee


What is the difference between Bank guarantee and Counter guarantee?

A bank guarantee is a guarantee issued by the bank to the beneficiary that the bank will make payment in case the bank's customer does not make payment to the beneficiary or in case of non-performance of an obligation or contract. A counter guarantee is a guarantee taken by the bank from the bank's customer which ensures that the bank's customer is liable for any expenses including costs of attorney, any interest on delayed payment, taxes and other levies in case of invocation of the bank guarantee. It is a sort of security for the bank. It is always a good practice for a bank to take counter guarantee from its customer.


Guarantee in terms of business finance?

Guarantee in terms of business finance


What happened to Guarantee Bank and Trust Co in Dallas Texas?

Nothing. I believe it's Guaranty Bank not "Guarantee Bank."


How to you calculate bank guarantee amount?

To calculate the bank guarantee amount the amount of deposit in the bank account is usually considered.


Where can you get a medallion signature guarantee in Oklahoma?

Most any consumer bank or credit union will be able to provide a medallion signature guarantee. Call the bank or credit union where you do business and ask. There may be a small fee, but usually not for customers of the financial institution.


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.


Can a Bank Guarantee be issued at the request of sub-contractor on behalf of contractor?

Yes, a bank guarantee can be issued at the request of anyone. It is their decision whether they require a guarantee or not.


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


What is a bank guarantee with cash margin?

A bank guarantee is given to the customer to perform specific actions of a contract. When there is a cash margin involved, the money will be returned to the customer once the original bank guarantee is completed.


What is Composite Bank Guarantee?

A composite bank guarantee is when a lending institution agrees to settle a debt if it is not paid. When the debtor fails to pay, the bank covers it.


How can a bank guarantee be discounted?

A bank guarantee is issued by a bank to perform a task or to repay a loan by a borrower. It can be discounted when it is offered by the payee or last endorsee and the bank will pay and collect the amount from the drawer.