27 August 2013
Suppose im taking Bank Guarantee from Citi Bank On Amt Of Rs.3.5cr for 3yrs so can any 1 tell me how the Bank calculate the Charges on BG Amount.Whether the charges is one time or they charge year wise.and is the charges is based on Bank Guarantee Amount or Bank guarantee period.
27 August 2013
Bank Guarantee charges will be charged by bank quarterly and some bank will charge the BG charges at one time for complete BG period at the time of taking BG
27 August 2013
Bank Guarantee charges will be charged by bank quarterly and some bank will charge the BG charges at one time for complete BG period at the time of taking BG