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Whats a Training Bank Guarantee???
J32/41
13th February 2005, 10:06
Just wondered when doing a Type Rating if the company require a Training Bank Guarantee whats does this mean??
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J32/41
13th February 2005, 15:08
Anyone????
:ugh: :ugh:
wobblyprop
13th February 2005, 15:13
I think it means: if you fail the type course they will want their money back.
They can ask for a bank guarantee which basically says the bank has the money ready, should the company want it