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| Originally Posted by marietta68 It's called an "advance payment bond", but surety bonds are used far less frequently in European countries - the usual security instrument is a letter of credit. The country of obligation is very pertinent in this situation. You'll have difficulty accessing an international market for a one shot deal - and if you have never been bonded before, it'll be next to impossible to get this underwritten. Zurich, AIG, Travelers, Liberty Mutual, Chubb are some of the surety companies which are capable of writing surety overseas for qualified clients. |
Actually you should be able to raise the bond via your Bankers subject to credit. It will be an on demand bond rather than a conditional bond like you use in the USA. Your bank should be able to counter guarantee a local bank in the country of the Employer. If you can give some details I can tell you what to ask your bank for.