Advising of Guarantee
Description
Advising of Guarantee services are provided by Bank of China Limited Macau Branch. In the case of the beneficiary of the guarantee designates Bank of China as the advising bank of the guarantee in business negotiation, no matter the guarantee is issued in paper form or by SWIFT messages, Bank of China can verify the apparent authenticity of the guarantee and advise customers for the original copy in time.
Features
1. Prevent commercial fraud effectively;
2. Simple and convenient procedures.
Application Qualifications
1. The issuing bank of the guarantee shall maintain good credit standing and no adverse record;
2. The applicant shall possess real relationship of transactions that meets Bank of China's requirements on compliance.