A guarantee contract refers to a contract between the creditor (who is also the secured party) and the debtor, or An agreement formed through negotiation between the creditor, the debtor and a third party (i.e. the guarantor) to ensure the realization of the creditor's rights in a certain way when the debtor fails or is unable to perform the debt.
Applicant: _________
Trusted bank: _________
The applicant applies to the trustee bank for a foreign exchange guarantee in accordance with the "Foreign Exchange Guarantee Measures of the People's Construction Bank of China", and the beneficiary is _________. Regarding this letter of guarantee, the two parties have reached the following agreement:
1. The letter of guarantee shall be issued by the trustee bank on _________day, _________month, _________year, and the amount of the letter of guarantee shall be _________. The letter of guarantee is valid until _________year________month_________.
2. The applicant guarantees to assume the corresponding obligations according to the terms listed in the application for issuance of a letter of guarantee, and agrees that the trustee bank will not be held responsible under such circumstances.
3. The applicant shall pay the guarantee fee at a rate of ________‰ of the amount of the letter of guarantee, totaling _________. The payment method is _________.
4. This contract is made in duplicate and has equal validity. This contract shall take effect from the date of signature by both parties and shall expire on the date when the trustee bank guarantee liability is released.
5. Matters not covered in this contract shall be handled in accordance with the "Foreign Exchange Guarantee Measures of the People's Construction Bank of China".
6. The attachments listed in this contract, namely the application for issuance of a letter of guarantee (copy), the letter of guarantee (copy) and the counter-guarantee (copy) are all integral to this contract. It has the same legal effect as this contract.
Applicant (official seal): _________ Trustee bank (official seal): _________
Legal representative (signature):_______Legal representative (signature):_______
_______year____month____day_________ Year____month____day
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