Bank Guarantee

[Bank Name]

[Address]

[City, State, Postal Code]

[Country]

[Date]

Beneficiary:

[Beneficiary Name]

[Address]

[City, State, Postal Code]

[Country]

Subject: Bank Guarantee for [Project/Contract/Transaction]

Dear Sir/Madam,

We, [Bank Name], hereby issue this Bank Guarantee in favor of [Beneficiary Name] (hereinafter referred to as the "Beneficiary"), for the amount of [Amount in Words] ([Amount in Numerals] [Currency]), to secure the performance of [Project/Contract/Transaction] between the Beneficiary and [Principal/Client Name] (hereinafter referred to as the "Principal").

This Bank Guarantee is issued at the request of the Principal to provide a guarantee for the performance of their obligations under the aforementioned [Project/Contract/Transaction].

Terms and Conditions:

1. The Bank Guarantee shall be valid from [Start Date] to [End Date], unless otherwise terminated in accordance with the terms specified herein.

2. The Bank Guarantee may be called upon by the Beneficiary upon a written demand stating that the Principal has failed to fulfill their obligations under the [Project/Contract/Transaction].

3. Upon receipt of such written demand, the Bank shall make the payment to the Beneficiary within [Number of Days] days, without any protest or requirement for further evidence.

4. The maximum liability of the Bank under this Bank Guarantee shall be limited to the guaranteed amount of [Amount in Words] ([Amount in Numerals] [Currency]) or such other amount as agreed upon by the Parties.

5. The Bank Guarantee shall be governed by and construed in accordance with the laws of [Jurisdiction].

This Bank Guarantee is irrevocable, unconditional, and payable on demand by the Beneficiary upon receipt of their written claim in accordance with the terms and conditions herein.

Yours faithfully,

[Bank Name]

[Authorized Signatory]

[Title/Position]