A bank guarantee is a loan product but is less than a cash loan. Banks charges a specific commission fee that is generally a percentage of the amount of the transaction.
There is no prescribed amount for Bank guarantee.
Bank guarantees are beneficial and helpful not only for business owners but for banks also. Different from a loan, they does not require instant monetary coverage.
UAE Law does not offer a limitation period precisely for Bank Guarantees, so the general limitation period of ten years will be applicable for Bank Guarantees.
Dhanguard has an expert team who assists you and provide you with a hassle free service related to bank guarantee.
Grow your business with business loan, term loan, capital loan available at attractive interest rates and minimum documentation with no hidden cost with Dhanguard.
Dhanguard has a knowledgeable team that can assist you and provide you with a hassle-free bank guarantee services in Dubai and UAE.
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