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Bank guarantee -URDG 758

Uniform rules of Demand Guarantees

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Hello,

Has anybody ever came across to Subject to uniform rules of Demand Guarantees, 2010 Revision, international chamber of commerce publication number 758 on bank guarantee application form? I`ve been reading for past five hours but nothing in layman’s terms. Is here anybody who can direct me to correct direction or explain when guarantee is subject to rules and when not. Thanks a lot.

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By krix_wm
16th Sep 2019 15:07

Just an update in case anybody finds it useful - this section can be ignored.
P.S. I needed bank guarantee for CCG.

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