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Request for a Letter of Guarantee from your vendor

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Posted on by 530

Hello,

I'm trying to ask my vendor to issue the Letter of Guarantee from his side and follow-up from D365 side and find some solution to claim from his bank based on that LG if any issues in the delivered services (through PO) , but i found in the system is you can use the LG functionality to issue the LG from my side as a customer.  

Is there any solution or workaround in which i can use to achieve the requirement. 

  • ahmed.kimo Profile Picture
    ahmed.kimo 530 on at
    RE: Request for a Letter of Guarantee from your vendor

    Hi Magno Pereira,

    You are right, my request is "how to request a vendor to issue a letter of guarantee, which acts as a payment assurance from a third party" as you mentioned.

    for example:

    My customer request vendor "A" to provide a LG which required for "PO1" to make sure that the vendor covered by the bank in case of petalites, fees or retention to be collected from the vendor, the bank (who is guarantee the vendor) will pay to my customer from the LG coverage (in case the vendor did not pay directly).

    If i used the LG on PO it's showing that i'm issuing the LG from my bank on my pocket and all expenses will be from my bank account not the oboist as i explained in my scenario

  • Suggested answer
    Magno Pereira Profile Picture
    Magno Pereira 2,429 Super User 2025 Season 1 on at
    RE: Request for a Letter of Guarantee from your vendor

    Hello,

    Based on my understanding, it seems like you are seeking information on how to request a vendor to issue a letter of guarantee, which acts as a payment assurance from a third party in case you are unable to make the payment. However, I didn't fully comprehend your requirement.

    In D365FO, you have the capability to generate letter of guarantee requests within various forms such as sales quotations, sales orders, project quotations, projects, or purchase orders. Once you create a request, it needs to be submitted to the bank for approval. After obtaining the bank's approval, you can proceed to issue the letter of guarantee to the intended beneficiary.

    Please provide more specific details or clarify any additional requirement you have, so that I can assist you better.

    Thanks

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