The COVID-19 outbreak has created a huge impact on SMEs all over the world. The impact of COVID19 has mainly seen in the US and other European Countries; where clients...
What is Advance Payment Guarantee Letter? This to say, it is a written undertaking issued by a bank as a kind of assurance. Read this blog to see how this...
The Client from Sudan is the local supplier of Refined Cane Sugar in grades of L30, S30, and ICUMSA 45. Also, they used to buy sugar from wholesale stockists; and...
A Contractor reached out to us to avail Letter of Guarantee to submit a tender for a new office building project. Firstly, we, the Bank Guarantee providers in Dubai listened...
Bank Guarantees and Surety Bonds are the financial instruments that are used to ensure protection to the parties; who involved in the supply of goods or services. Also, read on...
The world of global trade has been growing ever; i.e. because as more and more countries are doing import and export to fulfill their needs. Also, for this, traders make...
After the recession in the economy, the leading automobile dealer in China has planned to expand its car sales business to make more profit out of it. For that, they...
If your business makes use of Bank Comfort Letter, Standby LC, or any other Guarantees, then the term MT799 and MT760 very familiar for you. Further, to know the difference...
The leading construction contractor in UAE required a Payment Guarantee in Construction to get the advance payment from their project owner. So, they contacted us with their MT760 request. We...
Amidst COVID 19 Pandemic, the building contractor in Dubai got a building project from one of the developers in UAE. To sign the contract and to assure the positive completion...