Guarantee
Letters
A Guarantee Letter is a form of payment that responds to the fulfillment
of certain obligations on the part of the beneficiary. It intends to
guarantee the terms and conditions of payment. These guarantees have
three factors: the client who issues the orders; the bank that emits
the guarantee and the beneficiary of the same.
The Bank requires the client to pledge enough collateral to cover the
guarantee letter and charges a commission for the use of this service.
Decide today and provide your company with more opportunities to grow!
Call
(507)303-5001 and our Foreign Trade experts will offer their advice
and assistance.
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