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Bank guarantee

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Important Things You Must Know About Bank Guarantee

Ashish Kumar December 26, 2016

There are numerous business owners who are finding solutions that are helpful for them. They are mostly looking for the services that are likely beneficial for their financial matters. Nowadays, there are various financial institutions that offer you various services such as Bank Guarantee funds. But, most of the time the business owner make mistakes… Continue Reading »

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Stand by letter of credit for a layman

Ashish Kumar September 28, 2016

A standby letter of credit is a guarantee to pay where the bank of the buyer promises to make the payment for purchase if the buyer fails to do so. The uniform set of rules stated by International Chamber of Commerce supervises the use of letter of credits in international trade and finance. These rules… Continue Reading »

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