can egypt air invoke a bank guarantee given to it by its agent before time of payment has lapsed?
the guarantee has been invoked by egypt air because they asked its general sales agent to pay all the dues because they terminated the contact with the agent. the agent time period had not lapsed under iata rules and regulations.
- pagamenewsLv 71 decade agoFavorite Answer
Were you using the air carrier as a shipper/carriers for merchandise?
Maybe try this website for more information...Source(s): http://www.creditmanagementworld.com