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Guarantee letter for the bank

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nickyp


Joined: 12/09/2008
Posts: 170

Message Posted:
12/07/2009 23:24

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Message 1 of 7 in Discussion

I have to get back my guarantee letter which was sent to the Tax office in Lefkosa when my bank account was set up at Turk bank. I now want to close my account, but they have said i have to get the letter back first. Anyone heard of this? If so was it difficult to do? Where the hell is the tax office? Why is life so bloody difficult? Sorry - please ignore the last question!!!!!!



elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
12/07/2009 23:32

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Message 2 of 7 in Discussion

Bank guarantees are normally given for a certain amount and a certain time. As the name implies, the bank guarantees to pay this certain amount if asked. Therefore the bank normally holds a similar amount of your money as security. If you wish to close your account or withdraw the money which has been "blocked", you have to wair until the period for the guarantee ends or you have to get it back and give it to the bank so that they are no longer responsible for the sum they originally guaranteed on your behalf. Thus there is nothing unusual about it.

ismet



Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
12/07/2009 23:41

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Message 3 of 7 in Discussion

god; Banks, Advocates, Politicians, Estate Agents, Developers, Builders, Merchants, Traders they're ALL AT IT! Makes me feel like 'Snow White' which I'm certainly not!!!



Richard



Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
12/07/2009 23:46

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Message 4 of 7 in Discussion

Richard know how you feel I used to be Snow White then I drifted xxxxxxxxxxxxxx



Mr Vince


Joined: 24/07/2008
Posts: 696

Message Posted:
12/07/2009 23:51

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Message 5 of 7 in Discussion

Snow White woke up this morning feeling Grumpy. Lucky old Grumpy



Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
12/07/2009 23:56

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Message 6 of 7 in Discussion

Snow White thought '7 Up' was a fizzy drink until she discovered Cyprus!



Richard



gates


Joined: 08/12/2008
Posts: 1096

Message Posted:
13/07/2009 15:38

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Message 7 of 7 in Discussion

this was probly a gaurantee for your national insurance and so on when your work permit exspires you can get money back or you leave your employment not till then surly this was told to you at the time



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