Advance Performance Guarantee in India

17/08/2015 Financial & Legal Services

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Call @ +91 9868227249, In some of the agreements entered into by the exporter for supply of crops abroad, one of the footings of payment will be Advance Performance guarantee in India » equivalent to a certain percent of total value of the agreement. This advance payment will be made to the exporter in contradiction of a bank guarantee of equal value. In such suitcases banks approach ECGC for cover in the form of ECIB (SC-AP) to cover such bank guarantees.

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Reference Id:#691634
Phone Number: 9868227249
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