01 Jul 2008 8:39 PM:

David, as I mentioned, in my case my guarantee was issued by SGR and I suppose it depends if Darren's Lawyer considers SGR to be bank or not.

Community thread: Car hire Alicante - any recommendations ?

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01 Jul 2008 8:06 PM:

Julie Anne, my guarantee was also issued by SGR, avalised documents are used frequently in international trade and mean that guarantor has made a provision for the liability.  I am not sure how this impacts on substantiation in this case

Jon

Community thread: Car hire Alicante - any recommendations ?

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01 Jul 2008 7:18 PM:

Darren, I have never posted on this site but I am not sure where your Lawyer got his incorrect information from in respect of the Bank Guarantees. 

I fortunately have one and it is clearly marked AVAL with a corresponding reference number and relates to the Santa Ana Del Monte development. In fact it expired and the end of April 2008 and I have been sent a replacement which expires in April 2010.

Jon

Community thread: Car hire Alicante - any recommendations ?

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