Yes. Telephone contact is generally “discouraged” (officially), because under banking regulations all “advisory support” must be issued in verifiable written form (i.e. email or letters).
However, of course everybody understands the time-honored tradition of the “comfort call”.
It is written by the “plain English” method, but is long only because it is a “framework” contract, designed to cover all […]
TBD bank assigned Attorney/ExecutiveLegal Counsel and Compliance OfficerLegal & Banking Compliance Department
The result of the model loan structure is “non-recourse” only because the bank (service provider) actually brings in third-party collateral and structures […]
The bank purchases A-rated insurance instruments of guaranteed face value from brand-name banks who already own the assets. The bank has multiple cooperating other banks […]
