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  • Application For Bank Guarantee (bg) Counter Guarantee (cg)

Get Application For Bank Guarantee (bg) Counter Guarantee (cg)

APPLICATION FOR BANK GUARANTEE (BG) / COUNTER GUARANTEE (CG) Date (dd/mm/yyyy) To : Click to select branch Bank Guarantee OR Counter Guarantee 1. Applicant's Name and Address 2. Beneficiary's Name.

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How to fill out the APPLICATION FOR BANK GUARANTEE (BG) COUNTER GUARANTEE (CG) online

This guide provides step-by-step instructions on how to effectively complete the Application for Bank Guarantee (BG) Counter Guarantee (CG) online. Whether you are a first-time user or have prior experience, our clear instructions will help ensure your application is filled out correctly.

Follow the steps to complete your application online.

  1. Press the ‘Get Form’ button to access the application form and open it in your preferred editing platform.
  2. Enter the date in the required format (dd/mm/yyyy) at the top of the form.
  3. Select the appropriate branch for your application by clicking on the selection field.
  4. Indicate whether you are applying for a Bank Guarantee or a Counter Guarantee by selecting the relevant option.
  5. Fill in the applicant's name and address in the designated fields.
  6. Provide the beneficiary's name and address, along with a contact person and their telephone number, email address, and fax number.
  7. If applicable, fill in the third party's name and address.
  8. Choose the type of Bank Guarantee you require, such as a Bid/Tender Bond, Performance Bond, Payment Guarantee, or others, and attach any required documents.
  9. Select the type of application you are submitting: issuance, renewal, or extension/amendment, and provide relevant details.
  10. If extending or amending, provide the new expiry date and any changes in amounts.
  11. For collection instructions, specify who is authorized to collect the guarantee and the method of delivery.
  12. State any special conditions for the issuance of the guarantee.
  13. Authorise payment of bank charges by completing the bank account number field.
  14. Sign the authorization and declaration section to confirm your request for services.
  15. Complete the Authorized Signatory section and include a company stamp if necessary.
  16. Review all provided information for accuracy and completeness before saving, downloading, printing, or sharing the completed form.

Complete your application online today to ensure a smooth processing experience.

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Bank Guarantee under Counter Guarantee is an international banking guarantee instrument issued on the basis of requests and counter guarantees received from correspondent Bank. Types of Bank Guarantee Under Counter that can be issued by BNI : Performance Bank Guarantee. Advance Payment Bank Guarantee.

Main types of bank guarantees Guarantee of payment. ... Guarantees of advance payment return. ... Contract execution guarantee. ... Tender guarantees. ... Guarantee in favor of the customs authorities. ... Guarantees of warranty execution. ... Guarantee of credit return.

What are the differences between counter-guarantee and bank guarantee? Bank guarantee issued by the guarantor bank in favor of a beneficiary. Counter-guarantee is issued by the instructing bank in favor of the guarantor bank in order to facilitate the issuance of the bank guarantee.

What are the differences between counter-guarantee and bank guarantee? Bank guarantee issued by the guarantor bank in favor of a beneficiary. Counter-guarantee is issued by the instructing bank in favor of the guarantor bank in order to facilitate the issuance of the bank guarantee.

A bank guarantee is a promise by a lending institution to cover a loss if a business transaction doesn't unfold as planned. The buyer receives compensation if a party doesn't deliver goods or services as agreed or fulfill contractual obligations.

Yes, you can apply for Bank Guarantee online.

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.

A Counter Guarantee may be defined as: “An undertaking given by the counter-Guarantor to another party which names that party as the Beneficiary to procure the issue by that other party of a local guarantee to be issued to the Beneficiary in the underlying contract/relationship.”

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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
Help Portal
Legal Resources
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
altaFlow
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