Discover what a bank endorsement is, how it guarantees payment for negotiable instruments like letters of credit, and its types used in international trade.
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Latest RBI Circular on Bank Guarantees, Letters of Credit (LC), and Co-Acceptance Rules
The Reserve Bank of India (RBI) issued a Master Circular on April 1, 2025, introducing new guidelines for Primary (Urban) Co-operative Banks (UCBs) regarding the issuance of bank guarantees, ...
The Situation: The recent decision in Lanskey Constructions Pty Ltd v Westrac Pty Ltd [2022] WASC 90 involved an application by a contractor for injunctive relief in relation to a call on its security ...
After joining forces in July 2019 to progress work on a blockchain-based bank guarantee platform, ANZ bank, the Commonwealth Bank of Australia (CBA), and Westpac announced, alongside IBM and shopping ...
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