Advising Bank In Bank Guarantee Template for Hong Kong

1. Parties: Identification of the advising bank, the issuing bank, and other relevant parties

2. Background: Context of the bank guarantee arrangement and the role of the advising bank

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Services: Detailed description of the advising bank's services and responsibilities

5. Authentication Procedures: Procedures for authenticating guarantee-related communications

6. Fees and Charges: Structure and timing of fees payable to the advising bank

7. Communication Methods: Approved methods and protocols for communications between parties

8. Liability and Indemnification: Extent and limitations of the advising bank's liability

9. Confidentiality: Obligations regarding confidential information handling

10. Term and Termination: Duration of the agreement and termination provisions

11. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction

12. Notice Provisions: Procedures and requirements for giving notices under the agreement

1. Schedule 1 - Fee Schedule: Detailed breakdown of all fees and charges

2. Schedule 2 - Operating Procedures: Detailed procedures for handling guarantee-related communications

3. Schedule 3 - Authorized Signatories: List of authorized signatories and specimen signatures

4. Schedule 4 - Communication Templates: Standard forms for various types of communications

5. Appendix A - Required Documents: List of required documents for different types of guarantee transactions

6. Appendix B - Compliance Checklist: Checklist for ensuring compliance with relevant regulations and procedures