Your data doesn't train Genie's AI
You keep IP ownership of your information
1. Bank Details and Reference Number: Issuing bank's complete details, letter of credit number, and date of issuance
2. Beneficiary Information: Complete name and address of the party in whose favor the letter of credit is issued
3. Applicant Information: Complete name and address of the party requesting the letter of credit
4. Currency and Amount: Specification of the currency and exact amount of the letter of credit, both in figures and words
5. Type and Nature: Specification that this is an irrevocable letter of credit and its nature (e.g., standby, commercial)
6. Expiry Details: Clear statement of expiry date and place
7. Drawing Terms: Specific conditions and documentation required for drawing under the letter of credit
8. Payment Terms: Details of how and when payment will be made upon presentation of compliant documents
9. Governing Law and Jurisdiction: Statement that the letter is subject to Philippine law and UCP 600
10. Authentication: Official bank signatures, stamps, and authentication details
1. Partial Shipments/Drawings: Include when the credit allows or prohibits partial shipments or drawings
2. Transferability Clause: Include when the letter of credit is transferable to other beneficiaries
3. Special Conditions: Include when there are additional requirements or conditions specific to the transaction
4. Red Clause: Include when advance payment provisions are required
5. Green Clause: Include when warehouse storage-related provisions are needed
6. Force Majeure: Include when specific force majeure provisions are required beyond standard UCP terms
1. Schedule A - Required Documents: Detailed list of all required documents for drawing under the LC (e.g., commercial invoice, transport documents, insurance documents)
2. Schedule B - Technical Specifications: When applicable, detailed specifications of goods or services covered by the LC
3. Schedule C - Drawing Schedule: If multiple drawings are allowed, schedule of permitted drawing dates and amounts
4. Appendix 1 - Form of Demand: Standard format for making a demand under the letter of credit
5. Appendix 2 - Form of Transfer Request: If transferable, standard format for requesting transfer of the letter of credit
6. Appendix 3 - Specimen Signatures: Authorized signatures for the relevant parties
Banking and Financial Services
International Trade
Manufacturing
Construction
Energy
Import/Export
Retail
Commodities Trading
Infrastructure
Telecommunications
Agriculture
Mining
Legal
Finance
Treasury
Trade Finance
Risk Management
Compliance
International Banking
Commercial Operations
Credit Administration
Documentary Credits
Corporate Banking
Trade Finance Manager
Credit Manager
Financial Controller
Treasury Manager
Import/Export Manager
Chief Financial Officer
Banking Relationship Manager
Commercial Director
Risk Manager
Documentary Credits Specialist
International Trade Specialist
Compliance Officer
Legal Counsel
Account Manager
Operations Manager
Find the exact document you need
Bank Guarantee Cheque
A Philippine-law governed financial instrument where a bank guarantees payment to a beneficiary on behalf of its client, subject to specified terms and conditions.
Special Bank Guarantee
A Philippine bank-issued guarantee document that provides financial security to a beneficiary in case of default by the principal, governed by Philippine banking laws.
Bank Guarantee For House Deposit
A Philippine law-governed bank guarantee document securing house deposit payments in property transactions, issued by a bank to protect the seller's interests while facilitating the buyer's purchase.
Cheque Guarantee Letter
A Philippine bank's formal guarantee to honor specific cheque(s) issued by their client, governed by Philippine banking laws and regulations.
Bank Guarantee Loan
A Philippine law-governed agreement establishing terms and conditions for a bank guarantee loan, including parties' obligations, payment terms, and security arrangements.
Bank Guarantee Security
A Philippine law-governed banking document establishing terms and conditions for a bank's guarantee of a third party's obligations, regulated by the Bangko Sentral ng Pilipinas.
Standby Letter Of Guarantee
A Philippine law-governed bank guarantee that provides financial security for payment or performance obligations, issued by a bank to benefit a third party.
Security Bank Guarantee
A Philippine-law governed bank guarantee document where a bank provides financial security for a principal's obligations to a beneficiary, subject to BSP regulations.
Guarantee Cheque Against Advance Payment
A Philippine law-governed agreement securing advance payment through a guarantee cheque, outlining terms, conditions, and remedies for all parties involved.
Bank Guarantee For Supply Of Goods
A Philippine law-governed bank guarantee that secures a buyer's payment in case a supplier fails to fulfill its supply contract obligations.
Bank Guarantee For Performance Security
A Philippine-law governed bank guarantee document where a bank provides financial security for a principal's performance obligations, subject to Philippine banking regulations and legal framework.
Cash Bank Guarantee
A Philippine-law governed bank guarantee document backed by cash deposit, establishing the bank's obligation to pay a beneficiary upon valid demand.
Government Guarantee Term Deposits
A Philippine-law governed agreement for government-guaranteed term deposits, establishing deposit terms and guarantee mechanisms under local banking regulations.
Deferred Bank Guarantee
A Philippine law-governed deferred bank guarantee document establishing a bank's commitment to pay a beneficiary upon demand, subject to specified deferral conditions.
Term Deposit Guarantee
A Philippine law-governed agreement establishing guarantee arrangements for term deposits, detailing security provisions and regulatory compliance requirements.
Banker's Guarantee For Individual
A Philippine-compliant banking document where a bank guarantees payment to a beneficiary on behalf of an individual customer if specified obligations are not met.
Bank Guarantor Letter
A Philippine-compliant banking document where a bank guarantees payment or performance on behalf of their client to a beneficiary, subject to BSP regulations.
Bank Account Guarantee
A Philippine-law governed bank guarantee document where a bank guarantees specified financial obligations of an account holder to a beneficiary, subject to BSP regulations.
Bank Account Government Guarantee
A Philippine law-governed document establishing government guarantee terms for specified bank accounts, ensuring government backing under defined conditions.
Composite Bank Guarantee
A Philippine law-governed banking instrument that combines multiple guarantee obligations into a single comprehensive security document, providing consolidated coverage for complex commercial transactions.
Down Payment Bank Guarantee
A Philippine law-governed bank guarantee securing advance payments made to contractors/suppliers, providing financial security to buyers/employers under BSP regulations.
Financial Bank Guarantee
A Philippine-law governed bank guarantee document where a bank commits to pay a specified sum to a beneficiary upon certain conditions or default events, subject to local banking regulations.
Deposit Guarantee
A Philippine law-governed agreement establishing terms and conditions for guaranteeing specified deposits, including coverage, claims procedures, and regulatory compliance requirements.
Bid Security Bank Guarantee
A Philippine bank-issued guarantee ensuring a bidder's commitment to their bid in government procurement processes, governed by RA 9184.
Bank Guarantee For Deposit
A Philippine law-governed bank guarantee document where a bank guarantees payment obligations related to deposits on behalf of their customer to a beneficiary.
Surety Bond Bank Guarantee
A Philippine law-governed bank guarantee document where a bank guarantees the obligations of a principal debtor to a beneficiary, subject to BSP regulations.
Bank Surety Letter
A Philippine bank-issued guarantee document that provides financial security for a client's obligations to a third party, governed by Philippine banking laws.
Bank Guarantee For Rent
A Philippine law-governed bank guarantee securing rental payments to a landlord, where a bank guarantees rent payment on behalf of a tenant.
Advance Bank Guarantee
A Philippine-compliant bank guarantee document securing advance payments in commercial transactions, governed by local banking laws and BSP regulations.
Domestic Bank Guarantee
A Philippine bank's formal undertaking to pay a specified sum to a beneficiary if the principal defaults, governed by Philippine banking laws and regulations.
Bank Guarantee For Tender
A Philippine-compliant financial instrument issued by a bank to guarantee a bidder's obligations in a tender process, providing security to the tender issuer.
Non Financial Guarantee
A Philippine law-governed guarantee agreement securing non-financial performance obligations between parties, providing enforcement mechanisms and remedies under local jurisdiction.
Drawdown Bank Guarantee
A Philippine law-governed bank guarantee allowing multiple partial drawings against a maximum guaranteed amount, providing flexible financial security under BSP regulations.
Corporate Bank Guarantee
A Philippine-law governed bank guarantee document where a bank guarantees a corporate client's obligations to a beneficiary, subject to BSP regulations.
Bank Guarantee For Lost Bill Of Lading
A Philippine law-governed bank guarantee that indemnifies carriers against risks associated with issuing duplicate bills of lading when originals are lost.
Bank Guarantee For Commercial Lease
A Philippine law-governed bank guarantee securing a tenant's financial obligations under a commercial lease, providing landlords with bank-backed payment security.
Guarantee Letter
A formal written commitment under Philippine law where a guarantor promises to fulfill another party's obligations if they default.
Counter Standby Letter Of Credit
A Philippine-law governed banking instrument that provides a counter-guarantee to a primary Standby Letter of Credit, establishing terms and obligations for all parties involved.
Standby Letter Of Credit And Bank Guarantee
A Philippine law-governed banking instrument combining Standby Letter of Credit and Bank Guarantee features, providing financial security through bank payment commitments upon specified conditions.
Bank Guarantee Letter Of Credit
A Philippine-law governed bank guarantee letter of credit providing financial security in commercial transactions, issued under RA 8791 and BSP regulations.
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it


.png)