Bank Guarantee in paper form
Posted: Fri Apr 02, 2021 3:04 pm
Hi Pals,
we found difficulties in obtaining our bank guarantee, issued in paper form, when expired.
We wrote, naturally, that the validity will cease on the expiry date, even if the guarantee
has been not returned to us.
To mitigate this risk we decide to insert this sentence as post scriptum, after the signature:
Eventual claim must be submitted through a bank, that will pre-advise us by SWIFT,
stating that the claimant signatures are correct and legally binding.
This attachment is for information purposes only and not part of the
terms and conditions of the guarantee.
..
What is your opinion about this notice?
Thanks and regards
we found difficulties in obtaining our bank guarantee, issued in paper form, when expired.
We wrote, naturally, that the validity will cease on the expiry date, even if the guarantee
has been not returned to us.
To mitigate this risk we decide to insert this sentence as post scriptum, after the signature:
Eventual claim must be submitted through a bank, that will pre-advise us by SWIFT,
stating that the claimant signatures are correct and legally binding.
This attachment is for information purposes only and not part of the
terms and conditions of the guarantee.
..
What is your opinion about this notice?
Thanks and regards