Provide letters of guarantee to the customer avoided an importantformula to freeze his assets in a cash deposit bodies which deal with both when entering in tenders or auctions, or any contract with third parties who require this insurance. Thus, it is able to utilize its assetsand use them in different areas of activity, rather than frozen.
Was also able to form letters of guarantee also avoid actions transferthe customer the amount of insurance to the beneficiary residentabroad and take the risk of exchange rate changes in the periodbetween the submission of the insurance money and return it.
التسميات
Letters of Guarantee