Get Foreign Guarantee

Filling out the Foreign Guarantee form online is a crucial step for ensuring your application is processed efficiently. This guide provides a clear and comprehensive walkthrough of each section of the form, making the process straightforward and user-friendly.

Follow the steps to complete the Foreign Guarantee form successfully.

1. Click ‘Get Form’ button to obtain the form and open it in the necessary editor.
2. Begin with the 'Applicant' section. Input the business name, registry code, address, contact phone, e-mail address, and contact person.
3. If the guaranteed person is different from the applicant, provide their business name, registry code, address, contact phone, and e-mail address in the section designated for the 'Guaranteed person'.
4. Next, fill in the 'Beneficiary' section, similarly to the applicant. Include the business name, registry code, address, contact phone, and e-mail address.
5. In the 'Guarantee data' section, enter the guarantee amount and currency. Include the date of issue and expiry date of the guarantee.
6. Specify the guarantee type by selecting the appropriate option from the list provided, such as 'Bid bond', 'Payment bond', or any other relevant type.
7. In the 'Guarantee information' section, provide a description of the transaction, goods, or bid. Include any invoice, contract, or bid number with its date, along with the contractual payment term (number of days).
8. Add any additional conditions specific to the guarantee, if necessary.
9. Choose the wording of the guarantee. If you wish to use something other than the standard wording of SEB Pank, include the enclosed wording of the beneficiary.
10. Decide how you would like the guarantee to be advised to the beneficiary, choosing from options like delivery on paper or by SWIFT.
11. Select the governing law for the guarantee, usually either the laws of Estonia or relevant ICC publications.
12. If applicable, indicate whether the guarantee is issued under a limit agreement and provide the agreement number.
13. If the guarantee is not issued under a limit agreement, specify any collateral or security deposit required.
14. Indicate whether a beneficiary's bank guarantee under a counter guarantee form is required.
15. Confirm the applicable costs associated with the beneficiary's bank, specifying if they will be borne by the applicant or the beneficiary.
16. In the final section, review the statements, ensuring all the data is accurate, and provide the required confirmation, including the date and signature.

Complete your Foreign Guarantee form online today to ensure a smooth application process.