Simple Bank Guarantee Letter
Simple Bank Guarantee Letter
October 10, 2050
To Whom It May Concern,
We, [Your Company Name], located at [Your Company Address], hereby confirm the issuance of an irrevocable and unconditional bank guarantee in favor of SereneLink Corporation. This guarantee has been requested as security for the performance obligations under Contract Number X12345678, dated October 10, 2050.
The amount of this bank guarantee is $500,000 (Five Hundred Thousand Dollars), valid until October 10, 2051. This guarantee is payable upon the first written demand by SereneLink Corporation, indicating that the amount claimed is due due to BloomLife Contracting's failure to fulfill its obligations under the aforementioned contract.
This bank guarantee is governed by and shall be construed in accordance with the Uniform Rules for Demand Guarantees (URDG) 758. [Your Company Name] agrees to honor any valid demand under this guarantee within 5 banking days of receiving such a demand.
Should you have any further questions or require additional information, please do not hesitate to contact us.
Sincerely,
[Your Name]
[Your Email]
[Your Company Name]
