GURATEES OUT SIDE URDG
Posted: Sat Jun 04, 2011 4:11 pm
Hi dears,
views please...
1) is it always necessary to issue gurrantee under URDG.?
2) guarantees oustside URDG will be suject to what law...'?
If a counter gurantee is isued under URDG by a bank ..is it necessary that a gurantee issued on its strength is also subjected to URDG rules...??
thanks and regards..
views please...
1) is it always necessary to issue gurrantee under URDG.?
2) guarantees oustside URDG will be suject to what law...'?
If a counter gurantee is isued under URDG by a bank ..is it necessary that a gurantee issued on its strength is also subjected to URDG rules...??
thanks and regards..