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A guarantee issued by a bank has the following benefits over a guarantee issued by an ECA: Question 17 options: The Banks guarantee will allow
A guarantee issued by a bank has the following benefits over a guarantee issued by an ECA:
Question 17 options:
| The Banks guarantee will allow the exporter to win foreign government contracts, whereas the ECA guarantee will not |
| We only discussed benefits of an ECA guarantee over a Banks, not benefits of a Banks guarantee over an ECAs |
| The Bank will provide collateral for the guarantee, and the ECA will not |
| The Banks guarantee is stronger because of its corporate status |
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