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The cost of a bank guarantee is typically three percent (3%) of the underlying job. However, these bonds are very difficult to get as the surety will require collateral in the amount of the bond being written.

Bank Guarantee Cost Chart

NameDescriptionLink
1. Bank Guarantee CostThe cost of a bank guarantee is typically three percent (3%) of the underlying job.Extra Information
2. How to Get OneHowever, these bonds are very difficult to get as the surety will require collateral in the amount of the bond being written.Extra Information

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