Guaranties
There are a few kinds of guaranties in use in the operation of Diamonds.co.il. The first kinds of guaranties are quality guaranty. If you choose a specific dealer to supply your demand of goods, both the dealer and Diamonds.co.il guaranty the quality of the supplied merchandise. If you choose the option “any dealer” to supply your demand Diamonds.co.il guaranty the quality and full identity between the description and the actual stone or stones supplied. The second kinds of guaranties are payment guaranties. Jewelers and dealers can open a line of credit by either:
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Making a deposit with Diamonds.co.il -
Supplying an irrevocable bank to bank LC. Option number 1 will be used during the first 6 months of trade. Afterwards option number 2 will be available. Private customers are required to transfer full deposit before bids on goods are made on their behalf.
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