Tips for Finance Companies : Needed Guarantees

  • Companies shall abide by FRA’s Board decisions Clarifying the needed guarantees from clients
  • Safely storing and keeping client’s guarantees to prevent loss or misuse.
  • The company shall return all submitted guarantees to the client or guarantor immediately after the contract ends or the client’s balance is paid, whichever comes first
Last modified: May 16, 2024
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