Find out how bank guarantees work, why they are issued, and the process that a business normally goes through to acquire one ...
The most important thing in big transactions and business nowadays is to reduce the risk. When two people or companies are involved in a big deal, they may sometimes doubt each other's financial ...
The Reserve Bank of India (RBI) issued a Master Circular on April 1, 2025, introducing new guidelines for Primary (Urban) Co-operative Banks (UCBs) regarding the issuance of bank guarantees, ...
Moscow Credit Bank has issued a blockchain-based bank guarantee denominated in Chinese currency, claiming that the product is the first in the country. The bank guarantee exceeds 100 million Chinese ...