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What is the difference between seasoned bank guarantee and slightly seasoned bank guarantee?
Wiki User
∙ 14y ago
The terms "Seasoned Bank Guarantee" and "Slightly Seasoned Bank Guarantee" are phrases used by scammers to convince people who are not knowledgeable about the banking business to pay to join some internet trading scheme where banking instruments are supposedly traded. The terms Fresh Cut Bank Guarantee, Fresh Cut Bank Notes, and MTN are other terms used in this scam. None of these terms are used in the legitimate banking industry.
Trading of banking instruments is highly regulated. These regulations state that persons who make the trades of financial instruments must have a license to do so. A novice in finance would not have the knowledge to pass the licensing exam nor would that person have the knowledge to understand the markets for financial instruments.
See:
http:/www.crimes-of-persuasion.com/Crimes/InPerson/MajorPerson/prime_bank.htm
Wiki User
∙ 14y ago
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