An aval is a type of guarantee. Unfortunately its not a "first demand" guarantee which means that you cannot just demand the amount covered by the guarantee without first complying with conditions within the guarantee. I will probably go to Spain next week to try and get the funds back, but I have a feeling that this process is going to be painful. If anyone knows what steps their solicitors are actually doing behind the scenes, it would be useful to know. Also, did anyone have a good experience already and get repaid?
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