Bank
What Must Be Included in the Bank Guarantee Letter?
The guarantee commitment must include the following contents: a) Applicable regulations; b) Serial numbers and guarantee commitment form; c) Information…
7 years ago
What are Application Dossiers to Apply for Bank Guarantee?
According to Vietnam Law on Credit Institution, and Circular 07/2015/TT-NHNN, the application dossiers for bank guarantee are: a) Written request…
7 years ago
What are Rights and Obligations of the Obligee?
The rights and obligations of the obligee are as following: Rights of the obligee: a) Request the guarantor, the guarantee-confirmation…
7 years ago
What is Bank Guarantee Letter?
According to Vietnam Law on Credit Institution, and Circular 07/2015/TT-NHNN on bank guarantee, bank guarantee refers to a type of credit…
7 years ago
When is Bank Guarantee Obligations Terminated?
Bank guarantee obligations shall be terminated under the following circumstances: a) The obligor’s obligations are discharged. b) The guarantee obligations…
7 years ago