Glossary entry

Croatian term or phrase:

garancija plativa na prvi poziv

English translation:

guarantee payable on first demand

Added to glossary by MayaImp
May 5, 2005 09:30
19 yrs ago
21 viewers *
Croatian term

plativa na prvi poziv

Croatian to English Bus/Financial Finance (general)
garancija plativa na prvi poziv

Proposed translations

+6
48 mins
Selected

guarantee payable on first demand

Many demand guarantees are payable on first demand without any ... One of the inherent risks of a guarantee payable on demand is that it may be called ...
www.sitpro.org.uk/trade/demandguar.pdf

A demand guarantee requires payment on the first demand. A conditional guarantee requires payment only upon the fulfilment of certain conditions.
http://www.danskebank.com/Link/tfguarantees
Peer comment(s):

agree Maria Callebaut-Blagojevic : obicno je "on" demand a ne "at" - slazem se sa vama
1 hr
agree V&M Stanković : svakako da treba "on", Google me je nekako "odvukao" na "at", pa zato i povlačim svoj odgovor
3 hrs
agree Ljiljana Malovic
10 hrs
agree danijela
20 hrs
agree Anira
2 days 16 hrs
agree agram
3 days 13 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks very much. "
57 mins

immediate payment

Exporter ships goods and may assign guarantee to US bank for immediate payment.
Facility Guarantee Program - Who can Participate? _ ...
www.fas.usda.gov/excredits/fgp.pps
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