Liability : Referal
Agent can be hold harmless by tha bank , if the case goes in dispute?
We are planning to act as Referral Agent for Barclays Bank
PLC, Now if we introduce client to
Barclays and if the client does not pay the loan amount and
goes in legal dispute, Referral Agent will be liable for all expenses connected
with such a dispute as well as Original loan amount, is this a risky tie up.
