what is Bank Guarantee? what is Fresh cut BG? what is seasoned BG?

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what is Bank Guarantee? what is Fresh cut BG? what is seasoned BG?

2006-11-14 05:46:16 · 2 answers · asked by krishna 1 in Business & Finance ➔ Corporations

2 answers

I undersand that you have subscribed to or receiving offers for sales of freshcut and seasoned bank guarantees. When ever you see these terms, understand that it is a scam for high returns and supposedly technical. Keep off and these terms are not used in indian or international banking scenerio.

2006-11-14 14:28:11 · answer #1 · answered by cvrk3 4 · 0⤊ 0⤋

Bank Guarantee is the assurance in writting provided on behalf of it's Customer by the Bank to the person who aks for. It is generally used in business transactions. As regards Fresh Cut and Seasonetype need to go thru specific details so as to answer.

2006-11-14 21:57:31 · answer #2 · answered by Arun D 2 · 0⤊ 0⤋