Standard Formate Bank Guarantee - Free Download
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Standard Format Bank Guarantee
(wording may vary, as long as essential points are included as below)
ON THE BANKS LETTERHEAD
BANK GUARANTEE
THE ISSUING BANK :
GUARANTEE NUMBER :
CURRENCY: U.S. DOLLARS
AMOUNT: (e.g., US$48,000,000.00 Million U.S. Dollars Exactly)
DATE OF ISSUE:
DATE OF MATURITY :
BENEFICIARY : (NAME OF CLIENT/BORROWER)
ON BEHALF OF OUR CLIENT, (NAME OF CLIENT), FOR VALUE RECEIVED, WE, (NAME OF
ISSUING BANK), HEREBY IRREVOCABLY AND UNCONDITIONALLY AND WITHOUT PROTEST OR
NOTIFICATION, PROMISE TO PAY AGAINST THIS, OUR IRREVOCABLE BANK GUARANTEE, TO
THE ORDER OF (NAME OF CLIENT/BORROWER), AS BENEFICIARY, ON THE MATURITY DATE,
THE SUM OF (FIVE HUNDRED MILLION UNITED STATES DOLLARS ($48,000,000.00 USD), UPON
THEIR FIRST WRITTEN DEMAND FOR PAYMENT HEREUNDER. SUCH PAYMENT SHALL BE
MADE WITHOUT SET-OFF, FREE AND CLEAR OF ANY DEDUCTIONS, CHARGES, FEES, LEVIES,
TAXES OR WITHHOLDINGS OF ANY NATURE.
THIS BANK GUARANTEE IS TRANFERABLE, WITHOUT PAYMENT OF ANY TRANSFER FEES.
THIS BANK GUARANTEE IS ISSUED IN ACCORDANCE WITH THE UNIFORM CUSTOMS AND
PRACTICES FOR BANK GUARANTEES, AS SET FORTH BY THE INTERNATIONAL CHAMBER OF
COMMERCE, PARIS, FRANCE, LATEST REVISION OF ICC 500 PUBLICATION.
THIS BANK GUARANTEE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE UNITED STATES OF AMERICA AND IS FREE AND CLEAR OF ANY LIEN AND
ENCUMBRANCES AND IS OF NON-CRIMINAL ORIGIN.
____________________________
AUTHORIZED BANK OFFICER
NAME AND TITLE
DATE:
TELEPHONE:
FACSIMILE:
E-MAIL:
____________________________
AUTHORIZED BANK OFFICER
NAME AND TITLE
DATE:
TELEPHONE:
FACSIMILE:
E-MAIL:
