Is credit card included the guarantee amount?

Zsolt67 | 20:20 Tue 31st Jan 2012 | Business

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We are a small bussines with 20k overdraft plus 10k credit card facility.
The bank wants us the sign 30k guarantee. Is that ok? I thought the credit card belongs to Mastercard and that is separete from bussines account.

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dzug2

Credit cards 'belong' to the organisation that provides them to you - normally your bank. They are rarely held directly with Visa or Mastercard

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