Having full control over your documents at any time is essential to ease your daily tasks and enhance your efficiency. Achieve any objective with DocHub features for document management and hassle-free PDF file editing. Gain access, modify and save and integrate your workflows with other safe cloud storage.
DocHub offers you lossless editing, the possibility to work with any format, and safely eSign papers without the need of looking for a third-party eSignature alternative. Get the most of the document management solutions in one place. Check out all DocHub capabilities right now with your free account.
[Music] in todays video we are going to talk about letter of grantee what we will learn in this video we will see what is letter of guarantee i will share with you a real life example so you will understand the definition well and also we will see the complete general entries of this concept so lets start with the help of real life example that we will define the letter of guarantee what is this for example assume xyz company wants to buy goods from abc company worth of 1 million xyz company has requested abc company to supply them to their warehouse okay abc company wants xyz company to provide them with the letter of guarantee before the comments are delivered so xyz went to their bank to provide a letter of guarantee so that the supplier can start supplying the material the bank confirms whether xyz qualifies for the guarantee letter once the bank satisfied they will proceed with the issuance of legal document for 1 million with the validity of 90 days 120 days 30 days whatever t