Bank Guarantee Letters

Request Letter to Client for Releasing of Original Bank Guarantee – Sample Letter Requesting Bank Guarantee Release

To, _____________ (Receiver’s Name), _____________ (Receiver’s Address) Date: __/__/____ (Date) Subject: Request for release of original bank guarantee Dear Sir/Madam, with reference to purchase order no. _____________ (Purchase Order number) for ____________ (Service rendered/ Project detail), we had submitted a bank guarantee and we hereby want to inform you that this bank guarantee has expired … Read more

Request Letter to Bank for FDR Release – Sample Letter for Release of FDR

To, The Branch Manager, _____________ (Bank Name), _____________ (Branch Address) Date: __/__/____ (Date) Subject: Request for release of FDR’s Dear Sir/ Madam, We are holding ________ (type of bank account – Current/checking) account bearing account number __________ (Account No.) with your branch in the name of __________ (Firm Name). We had opened Fixed Deposits __________ … Read more

Letter to Bank for Bank Guarantee Cancellation – Application for Bank Guarantee Cancellation

What is a Bank Guarantee? Bank Guarantee is a kind of collateral or safety that a bank can sell in case of unsuccessful repayment of the loan amount. It gives the authority to use one’s security to recoup the amount. Letter to Bank Requesting Cancellation Of Guarantee  To, The Branch Manager, ____________ (Bank Name), ____________ … Read more

Request Letter To Bank For Bank Guarantee – Application for Issuance of Bank Guarantee

To, The Branch Manager, ____________ (Bank Name), ____________ (Branch Address) Date: __/__/____ (Date) Subject- Bank Guarantee Issuance Respected Sir/Madam, We request you to issue a bank guarantee in name of _____________ (Name). The following are details for your reference. Beneficiary Name: _________________ (Beneficiary Name) Beneficiary Address: _________________ (Beneficiary Address) Bank Guarantee Currency: _________________ (Currency) Amount … Read more

Letter to Bank for Renewal of Bank Guarantee – Application for Bank Guarantee Renewal

To, The Branch Manager, ____________ (Bank Name), ____________ (Branch Address) Date: __/__/____ (Date) Subject- Renewal Of Bank Guarantee Respected Sir/Madam, We request you to extend/ amend our bank guarantee in the name of _____________ (Name). The following are details for your reference. Existing Bank Guarantee Amount and Currency: _________________ (Existing Bank Guarantee Amount and Currency) … Read more

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