Encyclopedia

Irrevocable Bank Guarantee


Irrevocable bank guarantee — issued by a bank or another credit institution1.

  1. Federal Law No. 94-FZ of July 21, 2005 "On Placing Orders for the Supply of Goods, Performance of Works, and Provision of Services for State and Municipal Needs", as amended on July 2, 2013, Article 29, Paragraph 4 // RSZ RF. 2005. No. 30. P. 3105. ↩