Reply To: bank guarantees / deadlines


I would like to remark that I haven’t stated in my previous comment that the process of recovering the funds would be an easy one, which is what charlie has understood as per his reply.

The process of claiming the money could be a long, costly and distressful process which could take years. It could also be an smooth process in which you can recover the funds quickly. In my experience I have found both scenarios, depending on many aspects.

At the end of the day, there are not black or white forecasts in these situations.