Bank Guarantee

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…

6 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…

6 years ago

What is Bank Guarantee Letter?

According to Vietnam Law on Credit Institution, and Circular 07/2015/TT-NHNN on bank guarantee, bank guaranteeĀ refers to a type of credit…

6 years ago

When is Bank Guarantee Obligations Terminated?

Bank guarantee obligations shall be terminated under the following circumstances: a) The obligorā€™s obligations are discharged. b) The guarantee obligations…

6 years ago