Performance Bank Guarantee | Bank Guarantee Part-2 | In-depth Understanding
Автор: Kaioshin Capital
Загружено: 2026-01-02
Просмотров: 6
A performance bank guarantee is a commitment issued by a bank on behalf of a contractor or supplier, assuring the beneficiary that contractual obligations will be fulfilled. If the contractor fails to perform as agreed, the bank compensates the beneficiary up to the guaranteed amount.
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