Quote:
Originally Posted by deedee1
 Hi all,
So how do you go about applying for your reservation fee refund? 
Do we have to write to the bank requesting a refund?
What do we say? i.e reasons why?
Do we have to send the original bank guarentee with the letter also?
OR Do we have to send letter and guarentee to GS?
Is there specific documents we need to enclose etc?
Thanx-D |
Hi Dee et al
You need to advise to GS in your letter that you will require your refund upon expiry of your reservation contract if the registro do incorporacao (License) is not granted before you expiry date. I would enclose a copy of your reservation contract with this letter highlighting the expiration clause.
My advice is to also at the same time send written instruction to your appointed lawyer advising the same and enclosing a copy of your bank Guarantee with this letter. The lawyer with then follow this up on your behalf and if necessary redeem the bank gaurantee with Barclays. You only have 30 days from the expiration of your contract to redeem the bank guarantee!
Hope this helps.............any questions just holla!!
Lisa x