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APPLICATION FOR SHIPPING GUARANTEE OR INDEMNITY TO : UNITED OVERSEAS BANK LIMITED Hong Kong Branch Date: We hereby request you to: endorse the attached transport document and release it to us countersign.

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How to fill out the APPLICATION FOR SHIPPING GUARANTEE OR INDEMNITY - UOB Group online

This guide provides clear and comprehensive instructions on how to effectively complete the Application for Shipping Guarantee or Indemnity from the UOB Group. Following the steps outlined will ensure a seamless submission process.

Follow the steps to successfully fill out the application form.

  1. Click the ‘Get Form’ button to obtain the application form and open it in your preferred editor.
  2. Enter the date at the beginning of the form, which denotes the date of your request.
  3. Fill in the section that requests the endorsement of the attached transport document or countersignature of the letter of indemnity/guarantee by specifying the shipping company or airway company.
  4. Provide details of the Goods, including the DC number, number of packages, and description of goods.
  5. Indicate the amount associated with the transaction, along with the name of the vessel or carrier.
  6. Complete the fields needing information regarding the shipper, consignee, port of shipment, air waybill number, bill of lading number, truck/wagon number, and any other relevant details.
  7. Review the indemnity clauses, ensuring that you understand your obligations and responsibilities associated with this application.
  8. Confirm that you are authorized to sign the document and provide your authorized signature along with the company chop.
  9. Once all fields are filled accurately, proceed to save your changes, download the form, print it, or share as needed.

Complete your application form online today for a smooth shipping guarantee process.

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Shipping guarantees: This kind of guarantee is given to the carrier for a shipment that arrives before any documents are received. 5. Loan guarantees: An institution that issues a loan guarantee pledges to take on the financial obligation if the borrower defaults.

The following conditions need to be met to apply for a shipping guarantee: The business license of the importing business has to be legally approved and registered with valid certifications to prove the legitimacy and scope of their operation. The settlement for the shipping of goods has to be done by letter of credit.

A Marine and Offshore letter of guarantee is a document provided by Specialist Travel Management companies to organisations who work within the Marine and Energy Travel sectors.

Letters of guarantee, reasonably worded, are a perfectly legitimate device to protect the carrier from claims if cargo is released without production of the original bill of lading. They are requested because the Hague and Hague-Visby Rules may not adequately deal with misdelivery of cargo.

What is a Shipping Guarantee? A Shipping Guarantee (SG) is an indemnity given by the consignee to which the Bank jointly indemnifies the carrier of goods so that the consignee so named can take delivery of the goods without production of the relevant bills of lading.

Shipping Guarantee refers to a written guarantee, issued by the bank which will bear joint liability, and is presented by the importer to the carrier or its agent for picking up the goods in the case of arrival of cargo prior to the shipping documents.

Shipping Guarantee refers to a written guarantee, issued by the bank which will bear joint liability, and is presented by the importer to the carrier or its agent for picking up the goods in the case of arrival of cargo prior to the shipping documents.

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