Bid bond and Foreign exchange rate: Difference between pages

Revision as of 22:59, 28 June 2013

The price for a foreign exchange transaction.

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-''Trade finance.''
+The price for a foreign exchange transaction.
-A trade finance bond issued as part of a contract tendering (bidding) process.
-The bid bond is issued by a bank or insurance company to the potential customer, to protect the customer against a contractor's failure to sign a contract in accordance with the terms of the tender.
-Also known as a ''tender guarantee''.
 == See also ==
-* [[Advance payment bond]]
+* [[Cross rates]]
-* [[Bid]]
+* [[Forward foreign exchange rate]]
-* [[Bond]]
+* [[FRS 23]]
-* [[Customs bond]]
-* [[Guarantee]]
-* [[Performance bond]]
-* [[Performance guarantee]]
-* [[Retention bond]]
-* [[Surety bond]]
-* [[Tender]]
-* [[Trade finance]]
-[[Category:Trade_finance]]
+[[Category:Manage_risks]]