All Topics / General Property / Banks not accepting deposit bonds

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  • Profile photo of wotz4dinawotz4dina
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    @wotz4dina
    Join Date: 2004
    Post Count: 2
    September 12, 2004 - 2:25 am

    I am currently sorting out next investment opportunity which is an OTP in Cairns. However, the developer is saying that their bank will not accept deposit bonds and that we need to get a bank guarantee.
    Has anyone had similar experiences?

    Steve

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