Maritime Reader

MARITIMEINTELLIGENCEDAILY11 MAY 2026 MONDAY
P&I / InsuranceGard·about 8 years ago

New directive prevents Gard from covering beneficiaries’ bank charges in the EU and EEA - Company News

Gard

Gard has in place a banking arrangement whereby Gard in certain circumstances covers the cost of payments, including those incurred by the beneficiary’s bank. This has allowed payments to be received in full by the beneficiary, without deduction of fees.

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