Hi
will you please let me know the basis of fixation of % of guarantee commission on corporate guarantee?
Hi
will you please let me know the basis of fixation of % of guarantee commission on corporate guarantee?
sorry
Normally the banks are charging commission @ 3 % p.a.on bank guarantees.
Either you may charge the same rate of commission on corporate guarantee or you may bargain with your associate company for better commission .
CAclubindia
