In the global commodity trade, you will often encounter buyers who suggest using a Bank Guarantee (BG) as collateral or an MT799 to “proof…
Cementing Global Commodity Deal: Why Bank Guarantees and MT799s Aren’t Payment Instruments
This article was originally published on Trading Tag and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].
