Bank To Bank Guarantee Template for Austria

1. Counter-Guarantee Provisions: Include when there is a counter-guarantee arrangement with a third bank

2. Regulatory Compliance: Specific section addressing compliance with particular regulatory requirements when dealing with certain jurisdictions or transaction types

3. Force Majeure: Include when specific force majeure provisions are required beyond standard legal provisions

4. Anti-Money Laundering Provisions: Detailed AML procedures when dealing with high-risk jurisdictions or transactions

5. Electronic Processing: Include when the banks agree to handle guarantee-related communications through specific electronic platforms

6. Multiple Currency Provisions: Include when the guarantee involves multiple currencies or currency conversion options

7. Sanctions Compliance: Include when dealing with transactions that might be affected by international sanctions

8. Step-In Rights: Include when there are provisions for other banks to step in and assume guarantee obligations

1. Schedule 1 - Form of Demand: Template for making a compliant demand under the guarantee

2. Schedule 2 - Authentication Procedures: Detailed procedures for authenticating communications and demands between the banks

3. Schedule 3 - Authorized Signatories: List of authorized signatories from each bank with specimen signatures

4. Schedule 4 - Fee Schedule: Details of any fees, charges, and costs associated with the guarantee

5. Schedule 5 - Communication Protocols: Specific protocols for day-to-day communications and emergency situations

6. Appendix A - Required Documents: List and formats of all required supporting documents for guarantee operations

7. Appendix B - Banking Details: Account and payment details for both banks for guarantee-related transactions