What are bid and performance bonds in exporting?
Last Updated: 21 Jun 2016
Related to standby letters of credit, bid and performance bonds demonstrate a business’s ability to deliver a product or service to the agreed quality and time.
Did this answer your question?
Your organisation can request the Card Manager module through your ASB Relationship Manager or the FastNet Business Helpdesk on 0800 ...
Once your organisation has the Card Manager module, your FastNet Business Administrator can provide access to other FastNet Business users ...
Exporters and importers can use a standby letter of credit as a backup which only activates in the event of ...