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Forum: Canada
Apr 13th 2020, 5:20 pm
Replies: 14
Views: 1,339
Posted By plasticcanuck

Re: Credit line / credit rating prior to move

Okay, but without employment/income and credit history he would still be an unsuitable borrower, unless fully secured.
Forum: Canada
Apr 13th 2020, 4:26 pm
Replies: 14
Views: 1,339
Posted By plasticcanuck

Re: Credit line / credit rating prior to move

As a former banker in Canada I would not entertain a request for a L of C from a non-resident of Canada without a pledge of Cash Collateral equal to the limit granted and not to be drawn down until...
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