Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is Counter Bank Guarantee?

user-image
Question added by Muhammad Rizwan , Executive Procurement (Technical) , FFCL
Date Posted: 2015/11/10
Mohammed Abdulrahim
by Mohammed Abdulrahim , Senoir financial Accountant , Aljammaz Group

Counter-guarantee means any guarantee, bond or other payment undertaking of the instructing party, however named or described, given in writing for the payment of money.

More Questions Like This