Advance Performance Guarantee Template for Indonesia

1. Counter-Guarantee Provisions: Required when there is a counter-guarantee arrangement with another bank or financial institution

2. Assignment Restrictions: Include when transfer or assignment of guarantee rights needs to be restricted

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

4. Language Requirements: Include when the guarantee needs to be bilingual or specific language requirements apply

5. Anti-Money Laundering Compliance: Include when dealing with international parties or high-value guarantees

6. Multiple Beneficiaries: Include when the guarantee is issued in favor of multiple beneficiaries

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

2. Schedule 2 - Reduction Schedule: Detailed schedule showing how the guarantee amount reduces over time

3. Schedule 3 - Underlying Contract Details: Key details of the main contract for which the advance payment is being made

4. Schedule 4 - Authentication Procedures: Procedures for verifying authorized signatories and authenticating demands

5. Appendix A - Required Documents: List of documents required to be submitted with any demand

6. Appendix B - Communication Details: Contact details and notification procedures for all parties