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  • Bank Guarantee Application Form

Get Bank Guarantee Application Form

Application Form for Bank Guarantee/Performance Bond To: Hang Seng Bank Limited (Hang Seng), Macau Branch Date (DD/MM/YY) Please complete in BLOCK LETTERS and where appropriate. Part A Guarantee Information.

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How to fill out the Bank Guarantee Application Form online

This guide provides clear and concise instructions for completing the Bank Guarantee Application Form online. By following these steps, users can ensure that their application is filled out accurately and efficiently.

Follow the steps to complete the application form with ease.

  1. Click ‘Get Form’ button to obtain the Bank Guarantee Application Form and open it in your preferred online editor.
  2. Begin by filling out Part A, Guarantee Information. Accurately enter the Applicant Information, including your name, registered address, and if applicable, your business address and registration number.
  3. Provide your ID Document Type by checking the relevant box (Macau ID or Passport) and fill in the ID Document Number. If the applicant is a limited company with a sole director, indicate this by selecting 'Yes' or 'No'.
  4. For the Contact Person section, provide their telephone number, fax number, and/or email address.
  5. Complete the Beneficiary Information section by providing the beneficiary's name, address, the currency of the guarantee, and the guarantee amount.
  6. Specify the Expiry Date of the guarantee and indicate if a copy of the performance bond format is attached by checking 'Yes' or 'No'.
  7. If there are any special instructions, note them in the designated space.
  8. Move to Part B and fill in Commission and Charges on Guarantee. Enter the Account Number and the name(s) of the Account Holder(s).
  9. In Part C, Declaration and Signature, read the Terms and Conditions carefully. If you agree, sign the application on behalf of the applicant and include the company chop if applicable.
  10. Finally, ensure all sections are completed, then save any changes, download, print, or share the filled form as needed.

Start completing your Bank Guarantee Application Form online today!

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A letter of guarantee is a document issued by your bank that ensures your supplier gets paid for the goods or services it provides to your company, in the event that your company itself can't pay. In that case, your bank will pay your supplier up to a specified amount.

Bank Guarantee Charges Based on the type of the BG, fees are generally charged on a quarterly basis on the BG value of 0.75% or 0.50% during the BG validity period. Apart from this, the bank may also charge the application processing fee, documentation fee, and handling fee.

Examples of Bank Guarantees A credit security bond serves as collateral for repaying a loan. A rental guarantee serves as collateral for rental agreement payments. A confirmed payment order is an irrevocable obligation where the bank pays the beneficiary a set amount on a given date on the client's behalf.

A bank guarantee is a guarantee given by the bank on behalf of the applicant to cover a payment obligation to a third party. In other words, the bank becomes a guarantor and is answerable for the person requesting the guarantee in the event that they are unable to make the payment they have agreed with a third party.

Method of Issue We hereby authorise you to Debit our account number ___________________towards Bank Guarantee Commission, Margin Money and other Charges. We undertake to pay the commission and other charges in the event the Guarantee is renewed / extended till it is completely discharged.

To request a guarantee, the account holder contacts the bank and fills out an application that identifies the amount of and reasons for the guarantee. Typical applications stipulate a specific period of time for which the guarantee should be valid, any special conditions for payment and details about the beneficiary.

What are the documents that must be submitted for Bank Guarantee in case I have a current account? Application form. Bank Guarantee text (Word Format) Stamp paper (ing to State Stamp Act) In the case of a Private/Public Limited Company, the Board Resolution must be provided.

We request you to debit charges and / or margin to our Cash Credit Account / Current Account No………………. along with your charges. The bank guarantee is to be issued against our limit of ` --------------/ The bank guarantee is against full cash margin provided by us.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232