Reply To: Are Bank Guarantees worth the paper they’re written on?

Spanish Property Insight Forums Spanish Property Forums Spanish Real Estate Chatter Are Bank Guarantees worth the paper they’re written on? Reply To: Are Bank Guarantees worth the paper they’re written on?

#72087
Anonymous
Participant

A BG is a performance bond or insurance. Ever heard of an insurance company paying out a claim for a car crash, medical problem, etc., if they can get out of it?