Glossary
Glossary
14 articles
- Leasing of Bank GuranteeGlossary Leasing of Bank Gurantee Leasing is not really the correct term to use as it is not possible to actually lease a bank guarantee in this manner. It is a…
- Discounting a Bank GuaranteeGlossary Discounting a Bank Guarantee Discounting is a financial term. It means for a debtor to delay payment to a creditor for a given period of time by paying…
- CUSIP & ISINGlossary CUSIP & ISIN CUSIP stands for Committee on Uniform Securities Identification Procedures. ISIN stands for International Security Identification Number. …
- URDG 758Glossary URDG 758 The URDG758 (Uniform Rules for Demand Guarantees) are a set of contractual rules that apply to demand guarantees and counter-guarantees. As th…
- MT799 ExplainedGlossary MT799 Explained In dealing in Bank Guarantees (Demand Guarantees) and Letters of Credit (Documentary Credits), one may hear the phrase ‘MT799’.This is …
- MT760 ExplainedGlossary MT760 Explained In dealing in Bank Guarantees, one may hear the phrase ‘MT760’.This is the SWIFT Message Type that Bank Guarantees are sent and receive…
- AdviseGlossary Advise The objective of Helios Investment Company is to provide free and professional advice to all those individuals, business persons and intermediar…
- TypesGlossary Types There are different types of Bank Guarantees. Each worded for specific events and purposes. There are effectively two main types of Bank Guarante…
- Who lease Bank GuaranteesGlossary Who lease Bank Guarantees Traditionally, those sophisticated investors that hold large portfolios of assets such as medium to long term bonds generatin…
- What is a Bank GuaranteeGlossary What is a bank guarantee A Bank Guarantee is where one Bank (the Issuing Bank) issues an indemnity to another Bank (the Beneficiary Bank) or directly t…
- Characteristics of Bank GuaranteesGlossary Characteristics of Bank Guarantees Some important characteristics of Bank Guarantees should be noted: Bank Guarantees are written specifically for a pu…
- Bank GuaranteeGlossary Bank Guarantee -Purchase Not to be confused with ‘leasing’ Bank Guarantees, which under certain conditions is effectively possible. Put simply, Bank Gu…
- Cash Backed Bank GuaranteeGlossary Cash Backed Bank Guarantee The term ‘cash-backed’ Bank Guarantees is another misnomer. Whether a Bank Guarantee is issued on the strength of the instru…
- The Risk of bank guaranteeGlossary The Risk of Bank Guarantee Issuing and Receiving Bank Guarantees: Risk for the Issuer of a Bank Guarantee The risks of issuing a Bank Guarantee are sim…