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International Bank Guarantee

Featured Replies

Halo to all members,

I am a newbie here, and found this forum to be useful to expat.

Does anybody here have knowledge of Bank Guarantee, which I can provide to apply for a project loan from local bank.

The question is after applying the loan from the bank, I have ask for "Letter of Offer" to a local thai company and the local bank reply that - it is prohibited to do so. It confused me, as this a very common pratice to request in order to proceed with Issuing Bank (which is the required document by the Issuing Bank).

Pleasr kindly advice me where to get more info and reason.

Many thanks for those whom have this problem in Thailand.

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