Bank guarantee
This query is : Resolved
01 April 2009
Sir,
Pls expalin me what is bank guarantee and when is it needed.
Pls expalin me what is bank guarantee and when is it needed.
01 April 2009
A guarantee from a lending institution ensuring that the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank will cover it.
01 April 2009
i agree with mr. lokesh
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