MT760
US Trader Availed Bank Guarantee Letter to Import Medical Devices from Germany
Respond to the shortage of medical products and devices to tackle the coronavirus pandemic, a US trader decided to import Medical devices from [...]
Read more US Trader Availed Bank Guarantee Letter to Import Medical Devices from GermanyWhat is Advance Payment Guarantee?
If a supplier or contractor requires down payment from their project owner/developer or buyer to meet the start up cost of the project or trade [...]
Read more What is Advance Payment Guarantee?What is a Performance Bond and How Does It Work?
Are you going to enter into a contract or trade deal? Is your counter party demand an assurance in regards to your performances on the project or [...]
Read more What is a Performance Bond and How Does It Work?Why to Use Import Finance Facility for Trade Transactions?
Import Finance Facility refers to different types of financing options available for traders to solve their cash flow issues. Also, it helps to [...]
Read more Why to Use Import Finance Facility for Trade Transactions?Types of Bank Guarantees and Its Definition
When traders from overseas do trade with each other, both buyers and sellers look for some kind of assurance that holds the transaction together. [...]
Read more Types of Bank Guarantees and Its DefinitionThe Role of International Bank Guarantees in Global Trade
International Bank Guarantees plays a vital role in the global trade market by creating assurance between the buyer / the seller. Also, BG MT760 [...]
Read more The Role of International Bank Guarantees in Global Trade