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1. Bank Details and Reference: Identification of the issuing bank, guarantee reference number, and date of issuance
2. Beneficiary Details: Full name and address of the party in whose favor the guarantee is issued
3. Applicant Details: Full name and address of the party requesting the guarantee
4. Guarantee Amount: The maximum amount guaranteed, expressed in both figures and words
5. Underlying Transaction: Description of the primary contract or obligation that the guarantee is securing
6. Guarantee Terms: Specific terms of the guarantee including the bank's irrevocable undertaking to pay
7. Conditions for Demand: Clear specification of the conditions under which the guarantee can be called
8. Payment Terms: Timeline and process for payment upon receipt of a compliant demand
9. Expiry Terms: Specific date or condition for expiry of the guarantee
10. Governing Law and Jurisdiction: Explicit statement of UAE law as governing law and jurisdiction for disputes
11. Authentication: Bank's authorized signatures and official stamp section
1. Reduction Clause: Optional clause specifying if and how the guarantee amount can be reduced over time - used for performance guarantees or long-term projects
2. Assignment Provisions: Clause regarding whether the guarantee can be assigned - included when assignment might be relevant to the underlying transaction
3. Language Provision: Clause specifying which language version prevails - included when the guarantee is issued in multiple languages
4. Force Majeure: Provisions for extraordinary events - included for longer-term guarantees or in specific high-risk situations
5. Counter-Guarantee Reference: Reference to any counter-guarantee arrangements - included when the guarantee is issued based on a counter-guarantee from another bank
1. Form of Demand: Template for making a compliant demand under the guarantee
2. Authentication Documents: Copies of authorized signatures and any specific authentication requirements
3. Underlying Contract Summary: Brief summary of the main contract being guaranteed (if applicable)
4. Communication Details: Specific contact details and procedures for all parties
Banking Day
Beneficiary
Business Day
Counter-Guarantee
Demand
Effective Date
Expiry Date
Guarantee Amount
Governing Law
Guarantor
Guaranteed Obligations
Issuing Bank
Maximum Liability
Notice of Demand
Original Guarantee
Payment Currency
Place of Presentation
Principal
Underlying Contract
Valid Demand
Force Majeure Event
Presentation
Authentication
Claim Period
Supporting Documents
Guarantee Reference Number
applicable Central Bank Regulations
UAE
SWIFT
Authorized Representatives
Payment Terms
Demand Requirements
Expiry and Return
Assignment and Transfer
Governing Law
Jurisdiction
Notices
Force Majeure
Language
Amendment and Modification
Independence of Guarantee
Compliance with Laws
Authentication
Reduction of Liability
Counter-Guarantee
Claims and Demands
Bank's Rights and Obligations
Beneficiary's Rights
Default Events
Dispute Resolution
Representations and Warranties
Entire Agreement
Severability
Confidentiality
Costs and Expenses
Banking and Financial Services
Construction and Real Estate
International Trade
Oil and Gas
Manufacturing
Government and Public Sector
Infrastructure Development
Retail and Commercial
Transportation and Logistics
Energy and Utilities
Legal
Finance
Treasury
Procurement
Commercial
Risk Management
Compliance
Trade Finance
Credit Control
Business Development
Chief Financial Officer
Treasury Manager
Finance Director
Contract Manager
Project Manager
Legal Counsel
Commercial Director
Procurement Manager
Risk Manager
Banking Relationship Manager
Trade Finance Manager
Compliance Officer
Credit Controller
Business Development Manager
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