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What Is A Letter Of Guarantee?

2010/4/22 15:33:00 19

Letter Of Guarantee: What Is A Letter Of Guarantee?


保函(L/G):  


A written credit guarantee document opened to third party beneficiaries by banks, insurance companies, Guarantee Corporation and individuals at the request of the applicant, and the guarantor shall be liable for the debts of the applicant or the obligations to be performed.

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