Search found 1 match

by SemaARCAG
Mon Jun 23, 2008 1:00 am
Forum: General
Topic: Confirmation of Bank Guarantee
Replies: 3
Views: 2228

Confirmation of Bank Guarantee

Sema-TURKEY Confirmation on Guarantees has never been heard and experienced by me. However, it is common to accept L/G from a domestic bank under a counterguarantee of a foreign bank subject to brochure 458 and related country law. Also in definitions part of the 458 and its URDG revision (Draft 1),...