Bank Guarantee

Business Type
Exporter
Country
UK
Price
20,000-100,000 (Get Latest Price)

Product Detail

Bank guarantee is a type of guarantee from a lending institution. The bank guarantee means a lending institution ensures that the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank will cover it. A bank guarantee enables the customer, or debtor, to acquire goods, buy equipment or draw down a loan. Bank Guarantee (BG) is an agreement between 3 parties viz. the bank, the beneficiary, and the applicant. The beneficiary is the one to who takes the guarantee. And the applicant is the party who seeks the bank guarantee from the bank. BGs are an important banking arrangement and play a vital role in promoting international and domestic trade.
Mr. Saverio Tamburrano
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About our Company

Business Type
Exporter
Established
2014
Employess
11 - 50 People
Annual Revenue
Above US$100 Million
Main Markets
North America, Eastern Europe, East Asia, South America, Southern Europe, South Asia, Oceania, Central America, Western Europe, Middle East
Export Ratio
1% - 10%
Products
Financial Services, Loans, Sblc

Contact Us

Golden Beach Investment LTD

Mr. Saverio Tamburrano

46 Nova Road Croydon

London England 2TL CRO UK

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