Refusal of Calling Due to Fraudulent or Invalid Claim

Current Status
Not Enrolled
Price
€50.00
Get Started
Take this Course

This Skill Bit shows that a bank guarantee can be rejected if the beneficiary’s claim is fraudulent (fake documents) or invalid (contract breach, expiration, misuse). The bank will investigate and may request more info or simply refuse payment. Both parties should understand the guarantee’s terms to avoid such issues.

Duration approx. 3 Min.

Tier: proficiency

A part of Calling Bank Guarantees: Safeguarding Financial and Legal Interests course.

Course Content