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- 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),...