MT760
Types of Bank Guarantees and Its Definition
What Are Bank Guarantees? A BG MT760 is an assurance between the buyer and the seller. This assures that if the buyer fails to oblige the payment [...]
Read more Types of Bank Guarantees and Its DefinitionThe Role of International Bank Guarantees in Global Trade
International Bank Guarantees is a written undertaking issued by a bank as a commitment to assure the payment to the seller; in case of failure [...]
Read more The Role of International Bank Guarantees in Global TradeHow to Get Bid Bond – Tender Bond Guarantee for Construction Contracts?
What is a Bid Bond Guarantee? Bid Bond Guarantee is a written undertaking or assurance issued by a bank on behalf of its client. This acts as a [...]
Read more How to Get Bid Bond – Tender Bond Guarantee for Construction Contracts?Textile Trading Company in UAE Availed SBLC to Purchase Fabric Weaving Machines
The Fabric and Textile industry is most in-demand in UAE, accounting for around 49.7%, as per the recent statistics. A wholesaler, manufacturer, [...]
Read more Textile Trading Company in UAE Availed SBLC to Purchase Fabric Weaving MachinesWhat Is The Procedure For Applying Trade Finance Facilities?
Have a million dollars worth of deal pending in your hand? Can’t be able to precede the deal due to lack of cash flow? Most traders don’t always [...]
Read more What Is The Procedure For Applying Trade Finance Facilities?A Spanish Contractor Availed Performance Guarantee in Construction Contract From BWT
The Contractor runs a privately owned firm with a history of completing millions of dollar projects. Recently, they were awarded for a project to [...]
Read more A Spanish Contractor Availed Performance Guarantee in Construction Contract From BWT