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银行英文履约保函模板
发布时间:2024-02-13
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银行英文履约保函模板

Sample English Performance Bond Template for Banks

履约保函(Performance Bond)

To: [Beneficiary’s Name]

Attn: [Beneficiary’s Contact Person]

[Beneficiary’s Address]

[Date]

Dear Sir or Madam,

RE: PERFORMANCE BOND NO. [Bond Number]

We, [Bank Name], hereby irrevocably issue this Performance Bond (hereinafter referred to as the" Bond") in favor of [Beneficiary’s Name] (hereinafter referred to as the "Beneficiary"), in the amount of [Bond Amount in Words] [Amount in Numbers] [Currency] for the faithful performance by [Principal’s Name] (hereinafter referred to as the "Principal") of the Contract No. [Contract Number] dated [Contract Date], entered into between the Beneficiary and the Principal.

1. We undertake to pay to the Beneficiary an amount not exceeding the above-mentioned Bond Amount upon receipt of the Beneficiary’s first written demand, declaring that the Principal is in default under the Contract. This demand must be made to us no later than [Bond Expiry Date] and accompanied by a statement specifying the amount claimed, the basis of the claim, and any other supporting documents required under the Contract.

2. We agree to pay the demanded amount to the Beneficiary within [Number of Days] days of receiving the demand, without any objection or defense on our part, and regardless of any disputes or disagreements between the Beneficiary and the Principal.

3. In any case, our total liability under this Bond shall not exceed the above-mentioned Bond Amount.

4. This Bond shall remain in full force and effect from the date of issuance until [Bond Expiry Date].

5. This Bond is transferable, assignable, and may be utilized by the Beneficiary or any party to which the Beneficiary assigns or transfers its rights under the Contract.

6. Any modification or amendment to the Contract shall not affect the validity or enforceability of this Bond.

7. We waive all rights of objection, defense, or exemption under the law or of any other right, which we may have against the Beneficiary.

8. This Bond shall be governed and construed in accordance with the laws of [Country].

[Bank Name] shall bear no responsibility for any delay or inability to fulfill its obligations under this Bond due to events beyond its control, including but not limited to acts of God, government regulations, or labor strikes.

This Bond is issued in English.

Sincerely,

[Bank Official’s Name]

[Bank Official’s Position]