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1. Parties: Identifies the Bank (Guarantor), the Corporate Client (Principal), and the Beneficiary
2. Background: Sets out the context of the underlying transaction and the reason for the bank guarantee
3. Definitions: Defines key terms used throughout the guarantee document
4. Guarantee and Its Scope: Details the specific obligations being guaranteed and the maximum liability amount
5. Duration and Validity: Specifies the effective date, expiry date, and any conditions affecting the guarantee's validity
6. Demand and Payment Terms: Outlines the process and conditions for making a demand under the guarantee
7. Bank's Rights and Obligations: Details the rights, obligations, and limitations of the bank's liability
8. Representations and Warranties: Contains declarations about the legal capacity and authority of the parties
9. Governing Law and Jurisdiction: Specifies Philippine law as governing law and defines jurisdiction for disputes
10. Notices: Sets out how formal communications between parties should be made
11. Execution: Contains signature blocks and execution formalities
1. Counter-Indemnity: Optional section when the corporate client provides specific indemnity to the bank - typically used for higher-value guarantees
2. Security Arrangements: Required when specific assets or securities are pledged as collateral for the guarantee
3. Step-In Rights: Optional section defining when and how the bank can step in to manage the underlying obligation
4. Assignment and Transfer: Include when the guarantee needs to be transferable or assignable
5. Foreign Currency Provisions: Required when the guarantee involves foreign currency obligations
6. Multiple Beneficiary Provisions: Include when there are multiple beneficiaries of the guarantee
1. Schedule 1 - Form of Demand: Template for making a valid demand under the guarantee
2. Schedule 2 - Conditions Precedent: List of documents and conditions required before the guarantee becomes effective
3. Schedule 3 - Fee Schedule: Details of bank fees, charges, and commission for the guarantee
4. Schedule 4 - Underlying Contract Details: Summary or copy of the main contract being guaranteed
5. Appendix A - Corporate Authorizations: Copies of corporate resolutions and authorizations
6. Appendix B - Specimen Signatures: Authorized signatures for all parties
Banking and Financial Services
Construction and Infrastructure
International Trade
Manufacturing
Real Estate Development
Energy and Utilities
Telecommunications
Government and Public Sector
Mining and Resources
Retail and Commercial
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Banking
Trade Finance
Credit
Commercial Operations
Project Management
Business Development
Chief Financial Officer
Treasury Manager
Finance Director
Legal Counsel
Corporate Banking Manager
Risk Management Officer
Commercial Director
Contract Manager
Project Finance Manager
Compliance Officer
Corporate Secretary
Business Development Manager
Credit Risk Officer
Trade Finance Manager
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