C
cosgrove80
Guest
I was wondering if anybody could help me.
Can Post Office Savings Bonds be assigned as security against a loan?
Basically, the bank want security against a loan and the person wants to use An Post Savings Bonds as security but keep it in their name and allow the Bank to cash in the bonds if the need arises.
I hope I'm making sense as I'm asking on behalf of someone and know very little about the usual process.
Thanks for any help
Can Post Office Savings Bonds be assigned as security against a loan?
Basically, the bank want security against a loan and the person wants to use An Post Savings Bonds as security but keep it in their name and allow the Bank to cash in the bonds if the need arises.
I hope I'm making sense as I'm asking on behalf of someone and know very little about the usual process.
Thanks for any help