Bank Guarantee (MT 760)
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“Bank Guarantee” has become a commercial tool that has emerged as a contemporary answer for securing payment of money in business dealings. Vityajaya is here to give genuine bank guarantee services without collateral securities. Vityajaya promises bank guarantee services in a timely way while saving the clients from difficult documentations. Normally, the bank guarantee can be issued by us for 12 months. However, on request, it can be further extended up to even five years. Contact us for more information.
Bank Guarantee Services
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We are known for providing reliable Bank Guarantee Services in Worldwide. Bank guarantee is a kind of financial instrument with a defined value and is issued by a bank with full banking responsibility. Moreover, it can be said as a written obligation of the issuing bank under which we have to pay some amount to a beneficiary on behalf of the customer in case if the customer himself does not pay to the beneficiary. We are supported by a team of experienced professionals having in-depth knowledge about various financial aspects involved in banking transactions. Since 1998, we have been taking care of diverse financial aspects for small, medium and large-scale enterprises. We are able to come up with professional solutions because of our association with the leading financial institutions.
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Bank guarantee
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Bank guarantee is a loan facility provided to a third party on behalf of a bank’s customer or guarantor. The bank guarantee is non-transferrable. bank guarantee amount can be achieved in inr or foreign currencies and can be invested in industries and real estate development. different kinds of bank guarantees are available that includes: performance, bid bond, financial, customs, tenders etc. Repayment tenure may vary from 2 to 7 years.
Bank Guarantee Services
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We arrange Bank Guarantee Services from various banks and with the minimum securities and cash margins at the lowest possible rates. Bank Guarantee Services are different financial facilities that are offered by banking institutions. Here, a Bank Guarantee is a type of banking arrangement where bank substitutes its creditworthiness for that of the customer. It is a contingent obligation meaning “depending on happening of an event, which may or may not occur” with 99% of time it is not paid as event does not happen. Always issued on behalf of its customers, the final liability also always falls on the customers. One common type of BG is performance-related where bank tells beneficiary if customer does meet the defined obligations, the bank will pay like issuing BG to shipping company for release of goods without Bills of Lading or substituting for cash payment. Further, bank guarantees are also issued for financial reasons like MNCs from a particular country wanting to borrow from bank for its subsidiary in another country. In all bank guarantee is banks assurance to guarantee the loan. Expertise In Handling Bank Guarantees :The company has with it extensive experience in successfully handling the demands of both LC and BG facilities, which can be organized from leading Banks of respective countries. Its team of experienced financial experts also ensures that minimum securities are needed to qualify for facilities of LC or Bank Guarantee.Some Of Our Bank Guarantee Services Features Include : Providing BG facilities to sums as desired by customers Rates of interest determined as per bank rates of interest All offers made valid for one month from date of offer No prepayment penalty charges on foreclosure Standard Features Of Bank Guarantee Services : Services primarily used in international trading for large transactions between supplier in one country and customer in another BG from lending institutions ensure liabilities of debtors will be met in cases debtor fails to settle debts, bank will cover it
Bank guarantee
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Why Choose Our BG Services? Your Trusted Partner in Financial Security At Chandra Credit Ltd, we pride ourselves on being your trusted partner in safeguarding your financial interests. With years of experience in handling Bank Guarantees, we offer unparalleled expertise and dedication to ensuring the security and reliability of your transactions.
Bank Guarantee Services
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Bank guarantee
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Bank guarantee
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