Bank guarantees are different in the sense of Financial BG's, Performance BG's, Counter BG's and Onerous clause BG's. In this video, I have explained in detail full concept of Bank guarantees covering their:
1. Detailed meaning and concept of Bank guarantees.
2. Uses and benefits of Bank guarantees.
3. Tenor of Bank guarantees allowed by banks.
4. Risks involved in bank guarantees for banks.
5. Type of Bank guarantees covering Financial bank guarantee, Performance Bank guarantee and Counter Bank guarantee.
6. What are standard clause and conditions of Bank guarantee agreement.
7. What is onerous clause bank guarantees and what are risks involved.
8. What is difference between letter of credit and Bank guarantee.
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28 авг 2024