Guarantee of Account

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{date}}

To Whom It May Concern

This letter serves as a formal Guarantee of Account in favor of {{beneficiary_name}} (the 'Beneficiary'), located at {{beneficiary_address}}.

Account Details

We, {{guarantor_bank_name}}, located at {{guarantor_bank_address}}, hereby confirm that Mr./Ms./Mx. {{account_holder_name}}, residing at {{account_holder_address}}, maintains account number {{account_number}} (the 'Account') with us.

Guarantee

We irrevocably and unconditionally guarantee that the aforementioned Account holds, and will continue to hold, sufficient funds or credit facilities to cover an amount not exceeding {{currency}} {{guarantee_amount}} ({{guarantee_amount_words}}) as required by the Beneficiary, for the purpose of {{purpose_of_guarantee}}.

Terms and Conditions

This Guarantee is valid from {{start_date}} until {{end_date}}. Any claims against this Guarantee must be submitted to us in writing at our address stated above, no later than {{claim_deadline_date}}.

Upon receipt of a valid claim, we undertake to make payment within {{payment_days}} business days.

This Guarantee is transferable only with our explicit written consent and is governed by the laws of {{country}}.

Limitation of Liability

Our liability under this Guarantee shall not exceed the guaranteed amount of {{currency}} {{guarantee_amount}}.

This Guarantee does not constitute a commitment to extend additional credit beyond the limits of the Account or to alter the terms and conditions governing the Account.

Indemnity

The Account Holder agrees to indemnify and hold harmless {{guarantor_bank_name}} from and against any and all claims, demands, liabilities, costs, and expenses (including legal fees) arising from or in connection with this Guarantee.

Governing Law

This Guarantee shall be governed by and construed in accordance with the laws of {{country}}. Any disputes arising out of or in connection with this Guarantee shall be subject to the exclusive jurisdiction of the courts of {{city}}, {{country}}.

Signature Block

Sincerely,

_____________________________

{{authorized_signatory_name}}

{{authorized_signatory_title}}

{{guarantor_bank_name}}