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Whether a Bank Guarantee will be valid after its expiry date?

As Bank guarantees "BGs" are issued in favour of a buyer ,manufacture , a master in a contracting agreement and other forms of transactions on agreed issue and expiry dates for an agreed period, Said BGs is to be in full force during the agreed validity period of the BG but would not be valid after the expiry date.Accordingly , the beneficiary of such BGs may not call the bank guarantee beyond its expiry date .


What happens if a bank guarantee has no expiry date on it?

If a bank guarantee has no expiry date, it typically remains effective until the obligations it secures are fulfilled or the parties involved agree to terminate it. However, this can lead to uncertainty, as beneficiaries may hold the guarantee indefinitely. Banks may also be reluctant to honor guarantees without a clear expiration, as it can complicate their liability and risk management. It's advisable for both parties to clarify the terms and consider including an expiry date to prevent potential disputes.


What is the expiry date of government check?

The date on which it can no longer be presented to a bank.


How long is a chase mastercard valid for?

It is valid until the end of the month (expiry date) shown on the card.


Does a last will and testament have an expiry date?

There is no expiration date. The will is valid until it is destroyed or replaced with another will.


When does bank draft expire?

a six month expiry date.


How do I know if my Vistaprint coupon code is valid?

The deal will be available. Vistaprint honors all coupon codes provided that they do not have an expiry date or have not reached their expiry date. The expiry dates are stated in the email, so if there was not an expiry listed then your coupon will still be accepted.


Where is expiry date of state bank cash plus maestro card?

There is not an expiry date on the face of the State Bank Cash Plus Maestro card. If this date is required, such as for online purchases, simply add five years and eight months to the starting date.


Where can you get the expiry date of my debit card?

Most cards have their expiry dates printed on them. Maybe your card doesn't have one. Check with your bank.


Can LC be extended after its expiry date?

No, a Letter of Credit (LC) cannot be extended after its expiry date. Once the expiry date passes, the issuing bank is no longer obligated to honor the LC, and any transactions reliant on it are considered void. If an extension is needed, it must be agreed upon and executed before the original expiry date.


Where is expiry date in sbi ATM card?

Expiry date---> add 5 years & 8 months to "valid from" date. CVV ---> use last 3 digits of ur 19 digit atm card no. 100% working !!


Where is expiry date and cvv in SBI ATM card?

Expiry date---> add 5 years & 8 months to "valid from" date. CVV ---> use last 3 digits of ur 19 digit atm card no. 100% working !!