Clear commentary, supported by illustrative case studies and insights from the revision process, help the reader to further understand the most recurrent questions related to demand guarantees. This indispensable companion to URDG 758 is the key to successful guarantee practice in all sectors and jurisdictions. Renowned experts in the field, Sir Roy Goode and Georges Affaki explain the fundamental principles of the URDG 758 rules, their scope and the advantages they offer to each party involved in a guarantee structure.