Workflow library
Processing workflows
Each issuance, amendment and claim step with the actors, systems, checks, risks and the ways it typically fails.
Guarantee Issuance
Demand Guarantee · URDG 758 · local law · Typical end-to-end: 1–5 business days
Systems
- • Portal
- • Wording library
Checks performed
- • Beneficiary-imposed wording?
- • Underlying contract supplied
- • Language and law
Risks
- • Non-standard wording
- • Missing contract
How it fails in practice
- • Wording pasted from a tender pack without review