Guarantees - anb
Shipping guarantees offered by anb enable the importer to effect clearance of goods from the shipping company if the original Bill of Lading is not received by the bank or the importer before the merchandise has reached the destination.
anb is fully active in servicing the needs of its customers for issuance of Guarantees. Guarantees (also referred to as Bonds) issued by anb are written undertakings, either conditional or unconditional, on behalf of a Customer or an Overseas correspondent Bank, guaranteeing that should the Contractor / Supplier not comply with his obligations under a contract, leading to a claim under the Guarantee, then anb will provide financial compensation in accordance with terms of the Guarantee instrument.
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