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Bank guarantee

shipping container at sea
Definition

a bank guarantee refers to a financial instrument provided by a bank on behalf of a buyer or seller to ensure the performance of contractual obligations. It serves as a form of assurance to the recipient that payment or performance will be made in accordance with the agreed terms.

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Bank guarantee

Definition

a bank guarantee refers to a financial instrument provided by a bank on behalf of a buyer or seller to ensure the performance of contractual obligations. It serves as a form of assurance to the recipient that payment or performance will be made in accordance with the agreed terms.

Have a question? Talk to an expert.

Our experts love to answer questions. Fill out the form and someone will contact you soon.

Thank you for your submission!

A member of the Vizion team will be in touch shortly.
Oops! Something went wrong while submitting the form.

Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers

Talk to one of our supply chain experts to get started now.
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Shipping container at seaShipping container at sea