THE LEGAL PERSPECTIVE ON STRENGTHENING THE PRACTICE OF BANK GUARANTEES IN INDONESIA: REVISITING THE PROVISIONS RELATED TO PAYMENT

This Article provides the legal perspective of the transaction of bank guarantees in the banking practice in Indonesia. It examines the provisions related to payment for bank guarantees by comparing the provisions related to payment for the bank garansi and that of the standby letter of credit or de...

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Bibliographic Details
Main Author: Ramlan Ginting
Format: Article
Language:English
Published: Bank Indonesia 2022-05-01
Series:Journal of Central Banking Law and Institutions
Subjects:
Online Access:https://jcli-bi.org/index.php/jcli/article/view/16
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