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： 保函支付账号是什么 四川工程保函市场规模 怎么分辨银行保函 履约保函续保怎么办理手续 电子投标保函业务操作规程 履约保函价格计算公式 为中标银行履约保函怎么退 履约保函是怎样的模式 高盛银行保函 银行授信和银行保函 从属性银行保函名词解释 银行的履约保函业务 银行保函在哪里办理 中国银行河南省分行 保函 履约保函造假罚则 工程支付保函担保手续 支付保函时规定 银行保函需要保证金吗怎么退 履约保函和签约 工程履约保函形式
银行保函可以查多久的流水 支付工程保函会计分录 长沙银行保函申办流程 股东会决议 支付保函 履约保函3% 信阳建筑工程履约保函 履约保函什么银行可以办理 履约保函西安办理 如何解除履约保函 常州工程预付款保函 开户银行识别保函骗局 国外预付款保函格式 银行预付款保函有效期6 银行保函到哪几方当事人 建设银行银行保函怎么开 投标保函退回 履约保函回单是什么 没交履约保函能付预付款吗 银行出具的履约保函怎么退 天津工程投标电子保函