Bank Letter of Guarantee - Biditup（银行保函- Biditup）.pdfVIP

BANK LETTER OF GUARANTEE Requirements Of A Letter Of Guarantee For Acceptance Of A Company Check Letter Must Be Official Bank Letterhead IMPORTANT: Bank Must State They Guarantee The Payment Of The Check Being Presented. It Is Not Acceptable For The Bank To State The Credit Limit Or Balance Of The Individual/Company. Letter Must State The Name Of The Individual Or Company For Whom The Guarantee Is Being Stated And The Check Must Have The Same Name Printed On It. Letter Should Contain The Account Number On Which The Check Is To Be Drawn And The Check Should Match This Same Account Number. Letter Should Contain The Check Number Being Used For Purchase Letter Should State An Ending A Maximum Amount For Which The Bank Will Guarantee. The Check Must Not Be Written For More Than Is Guaranteed By The Bank. Letter Must Be Signed By A Bank Representative. EXAMPLE LETTER OF BANK GUARANTEE: Re: ________________________ Bidder’s Name Dear Sirs: This letter will serve as your notification that (BANK NAME) will irrevocably honor and guarantee payment for a period of (30) thirty days for check number (CHECK #), written by (CUSTOMER’S NAME), up to the amount of $ (AMOUNT GUARANTEED), and drawn on account number (CUSTOMER’S ACCOUNT NUMBER). This guarantee is for the purpose of our customer’s purchase of personal property in connection with the BIDITUP! An Industrial Assets Company auction held at (LOCATION OF CITY OF SALE) on (DATE OF SALE). Sincerely, ________________________ Print Name Bank Officer _________________________ Bank Officer’s Signature and Title _________________________ Bank Telephone Number