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Standard Chartered, Siemens collaborate for blockchain pilot project
Just like letters of credit, bank guarantees are issued by lending institutions as a pledge to the rule that the liabilities of a debtor will be met.
from Moneycontrol Business News https://ift.tt/2LIEc82
Just like letters of credit, bank guarantees are issued by lending institutions as a pledge to the rule that the liabilities of a debtor will be met.
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