Monetary Policy Report Press Release: December 2017 BOX Monetary Policy Report Implications of the electronics technology life-cycle and the rise of the Internet of Things for Asiaâs exports Developments in the unrated bond market and implications for financial stability
What is the difference between a surety bond and a bank guarantee? Surety bonds are typically conditional whereas bank guarantees are on demand. Only the performance risk lies with the surety, where the bank has the financial risk on the construction project.
A notary bond, also called a surety bond, is similar to an insurance policy. However, the key distinction is that the bond protects the public (whoever needs the document notarized) and not the actual notary. To protect yourself, you also can look into purchasing Errors and Omissions Insurance (âE&Oâ).