Bank Performance Guarantee Sample English Version

Bank: [Name of the Bank]

Address: [Bank Address]

Tel: [Bank Contact Number]

Email: [Bank Email Address]

Date: [Current Date]

Beneficiary: [Name of Beneficiary]

Address: [Beneficiary Address]

Tel: [Beneficiary Contact Number]

Email: [Beneficiary Email Address]

Dear Sir/Madam,

Subject: Bank Performance Guarantee - Letter of Credit No. [LC Number]

We refer to the agreement dated [Agreement Date] entered into between the undersigned Bank and [Name of Beneficiary] (hereinafter referred to as "the Beneficiary") and in accordance with your request, we hereby establish our irrevocable letter of credit in your favor to guarantee the performance by [Name of Applicant] (hereinafter referred to as "the Applicant") of their obligations under the said agreement.

The total amount available under this guarantee shall be USD [Guarantee Amount] (United States Dollars [Amount in Words]), or its equivalent in any other freely convertible currency acceptable to the Beneficiary. This guarantee is valid until [Expiry Date].

This guarantee is subject to the following conditions:

1. The Beneficiary shall present a written demand for payment under this guarantee, duly signed by authorized representatives of the Beneficiary, stating that the Applicant has defaulted on their obligations under the agreement.
2. The demand for payment must be received by us on or before the expiry date of this guarantee.
3. The demand for payment must be accompanied by the following documents:
   • - Copy of the agreement between the Bank and the Beneficiary;
   • - Written statement signed by authorized representatives of the Beneficiary confirming that the Applicant has not fulfilled its obligations under the said agreement;
   • - Any other documents as specified in the agreement.
4. Upon receipt of a valid demand for payment, we undertake to pay the Beneficiary the amount claimed within [Number of Days] working days from the date of receipt of the demand.
5. Any discrepancies or disputes arising out of or in connection with this guarantee shall be subject to the jurisdiction of the courts in [Jurisdiction].
6. This guarantee is transferable, divisible, and assignable without the prior consent of the Applicant. The Beneficiary is allowed to assign rights and obligations under this guarantee.
7. This guarantee is governed by and construed in accordance with the laws of [Governing Law].

Please confirm your acceptance of this guarantee in writing by signing and returning the enclosed copy of this letter. We kindly request you to provide us with your correct bank account details to enable us to process any payments promptly.

If you have any questions or require further information, please do not hesitate to contact us. We look forward to providing you with our best service.

Yours faithfully,

[Authorised Signatory]

[Bank Name]

[Authorised Signatory Designation]

相关新闻： 银行保函被担保人 保函业务银行优势分析 建筑集团公司招投标用到的保函 bis认证印度银行保函 珠海预付款保函哪家专业 支付保函时规定 预付款保函失效怎么办 开给境外公司履约保函证明 银行保函哪个部门办理好 开户银行识别保函骗局 预付款保函回复 预付款保函 解封 履约保函的款项 农业银行履约保函号 投标保函必须什么银行开具 建设银行不可撤销履约保函 工程保函销售赚钱吗现在 银行履约保函的账务处理 成功开立投标保函 工程履约保函分为几种
保定工程预付款履约保函 银行工程保函要担保公司 银行保函需要抵押土地证吗 到银行开保函金额怎么算 银行投标保函法律风险 银行保函什么时候放款 100万银行保函办理操作流程 履约保函与付款保函 银行保函滞纳金 开具银行保函需要什么资质 银行保函政策 履约保函必需由银行 银行保函修改业务 交通银行保函代办多少钱 履约保函业务占用贷款额度 租赁合同 履约保函 银行 电子保函 工程履约保险保函的保额 银行保函退款时间限制多长 银行包保函