Difference between revisions of "Bank Guarantee (shipping)"
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| − | A '''Bank Guarantee''' is a guarantee issued by a bank to a carrier to be used in lieu of a lost or misplaced original negotiable [[bill of lading]].<ref> | + | A '''Bank Guarantee''' is a guarantee issued by a bank to a carrier to be used in lieu of a lost or misplaced original negotiable [[bill of lading]].<ref>[http://www.marad.dot.gov/publications/glossary/glossary.html U.S. Department of Transportation Maritime Administration]</ref> |
==References== | ==References== | ||
<references/> | <references/> | ||
[[Category:Shipping Terms]] | [[Category:Shipping Terms]] | ||
Latest revision as of 02:39, July 13, 2016
A Bank Guarantee is a guarantee issued by a bank to a carrier to be used in lieu of a lost or misplaced original negotiable bill of lading.[1]