Global trade can be financed with a ‘Bank Guarantee – BG-MT760’.
A lending institution issues a bank guarantee, ensuring the liquidity of the liabilities of a debtor. This implies that the bank is the payer in case there is payment default by the debtor/customer who can acquire goods, buy equipment or even avail a loan.
The guarantee also allows a customer/company/agency to invest in avenues leading to business growth and scale up entrepreneurial activity.