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Guarantees and letters of credit provide security in commercial relationships, ensuring the fulfillment of payment or performance obligations between partners.
The Guarantees and Letters of Credit category describes the main guarantee instruments communicated in AgroTrading by validated financial institutions, for B2B relationships.
A bank’s commitment to pay an amount if the guaranteed partner fails to meet its obligation.
An instrument through which payment to the foreign supplier is made after the agreed documents are presented.
An instrument that ensures the exporter’s collection upon presenting compliant documents.
A payment guarantee activated only if the partner fails to fulfill the main obligation.
A guarantee that ensures the beneficiary that the work or service will be carried out according to the contract.
A guarantee that confirms the bidder’s seriousness in a tender procedure.
A guarantee that protects the beneficiary if the advance paid is not justified.
A guarantee that ensures the supplier that it will collect the value of the goods or services delivered.
The Guarantees and Letters of Credit page is intended for companies involved in commercial relationships and import-export operations, as well as the validated financial institutions that communicate such instruments.
The Guarantees and Letters of Credit category serves to semantically organize the instruments that guarantee payment and performance, without AgroTrading issuing guarantees or intermediating financing.
The texts on this page serve an informational role. AgroTrading does not issue guarantees or letters of credit and does not intermediate financing; the conditions, costs and contracts are established exclusively by each financial institution, in the direct relationship with the interested company.
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