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FP6 Financial Info & FAQs --> Contract Negotiation --> Financial Guarentees --> Financial Guarantee FAQs

Q: We have a partner who was asked to provide a Bank Guarantee. The partner provided a Bank Guarantee in Dollars and has been told to re-issue the bank guarantee in EURO. The partner is only a small participant and cost of providing the Guarantee is very high, would a Bank Guarantee in Dollars not suffice?

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