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Modification to the Financial Guarantee

Possible Modifications to the Financial Guarantee

  1. Increasing the value of the financial guarantee
  2. Extending the expiration date of the financial guarantee

 

Conditions for Modifying the Financial Guarantee

The modification must align with the licensee's data according to the ministry's records.

 

Procedures for Modifying the Financial Guarantee

The procedures for modifying the financial guarantee include contacting the issuing bank to take the necessary action in accordance with the permitted modifications and their validity