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Bank Guarante (BG)

A Bank guaranty is a promise from a bank or other lending institution that if a specific borrower defaults on a loan, the bank will cover the loss. Note that a bank guaranty is not the same as a letter of credit. A letter of credit is written commitment document issued by a bank or other financial institutions to assure payment to seller on the basis of documentary proof on fulfillment of performance by seller as per terms and conditions mentioned in LC. A bank guaranty is a commercial instrument guaranteeing by bank to a party (parties) on behalf of his customer, assuring the beneficiary to effect payment on default of obligation. Letter of credit covers your trading risks by guaranteeing &protecting your payments. Foreign Finance Bank expertise help your business guarantees the edge. We provide you unique services for your business transaction.
Foreign Finance Bank offers your business by:

  • Creating stronger business relationship.
  • Permitting you to start new relationship with buyers or suppliers in international market.
  • Representing your financial validity and underpinning your ability to meet formal obligations.
  • Giving you the reassurance of a secure, globally identify method of settling overseas trade.

One of the payment methods in the international trading is Bank Guaranty which supports all kind of businesses. We issue the BG in only 1 day for 100% margin.