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 ...
Discover what a bank endorsement is, how it guarantees payment for negotiable instruments like letters of credit, and its types used in international trade.
WASHINGTON, July 1, 2024 – Starting today, the World Bank Group (WBG) guarantee platform is open for business. The platform, housed at the Multilateral Investment Guarantee Agency (MIGA), brings ...
Reforms aim to deliver simplicity and access, supported by CEOs and G20 Expert Group WASHINGTON, February 28, 2024 – The World Bank Group today announced a major overhaul to its guarantee business ...
The Karnataka HC has urged the Centre to use QR codes and API-enabled bank guarantees to prevent fraud, allowing for instant ...
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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, ...
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