A bank guarantee is a special type of banking service that is used to secure receivables. It is also applicable to commercial property leases.
Introducing our guide to the topic of bank guarantees, and in it:
● What should a bank guarantee look like to work reliably?
● Why is it worth using a bank guarantee in lease agreements?
● The obligation to provide a guarantee by the tenant and the contractual penalty.
● Can I always use a bank guarantee?
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