Performance And Financial Bank Guarantee Template for Indonesia

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

2. Foreign Currency Provisions: Needed when the guarantee involves foreign currency and exchange rate considerations

3. Step-in Rights: Optional provisions allowing the bank to take over certain obligations in specific circumstances

4. Multiple Beneficiaries: Required when the guarantee is issued in favor of multiple beneficiaries

5. Partial Claims: Provisions for when partial claims against the guarantee are permitted

6. Force Majeure: Specific provisions for force majeure events affecting the guarantee

7. Electronic Presentation: Provisions for electronic submission of documents and claims

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

2. Schedule 2 - Supporting Documents: List and samples of required supporting documents for claims

3. Schedule 3 - Fee Schedule: Details of bank charges, fees, and commission

4. Schedule 4 - Authorized Signatories: List of authorized signatories for each party

5. Appendix A - Underlying Contract Reference: Summary or extract of the underlying contract being guaranteed

6. Appendix B - Special Conditions: Any special conditions or requirements specific to this guarantee