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BANK GUARANTEES

DDOCUMENTARY LETTERS OF CREDIT STANDBY LETTERS OF CREDIT PERFORMANCE GUARANTEES BANK GUARANTEES ADVANCE PAYMENT GUARANTEES PROJECT FINANCE
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BANK GUARANTEE

A bank guarantee is a promise of payment from the Guarantor to the Beneficiary that the Guarantor will pay the Beneficiary when the Beneficiary submits certain documents or makes a specific demand to the guarantor in a certain manner, time and place.

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