Demand Guarantee | Practical Law

Demand Guarantee | Practical Law

A demand guarantee, which is a payment mechanism used primarily as credit support for payment and performance obligations in trade finance, particularly international sale of goods transactions. This Standard Document has integrated notes with important explanations and drafting tips.

Demand Guarantee

Practical Law Standard Document w-014-6224 (Approx. 10 pages)

Demand Guarantee

by Practical Law Finance
MaintainedUSA (National/Federal)
A demand guarantee, which is a payment mechanism used primarily as credit support for payment and performance obligations in trade finance, particularly international sale of goods transactions. This Standard Document has integrated notes with important explanations and drafting tips.