corporate guarantee

MCA 993 views 3 replies

Hi

will you please let me know the basis of fixation of % of guarantee commission on corporate guarantee?

Replies (3)

sorry

There are no basis at all.


As this is the matter of Opposite Company's position & Need.

Normally the banks are charging  commission @ 3 %  p.a.on bank guarantees.

Either you may charge the same rate of commission on corporate guarantee  or you may  bargain with your associate company  for  better commission .


CCI Pro

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