If you are an importer or exporter who is worried about the associated threat of non-payment and non-fulfillment of terms & conditions in an international trade transaction, then it is a high-time of availing a bank guarantee service. But what is it? A bank guarantee is simply a legal document/promise made by the issuing bank where a bank or financial institution guarantees an on-time payment to the seller in the event if the buyer fails to make the payment or fulfill the terms & conditions of the contract. In short, it ensures the seller that they would be paid if the buyer defaults. Read more:- https://www.axioscreditbank.com/bank-guarantee