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Irrevocable Letter Of Guarantee For Foreign Exchange Quota

2010/12/1 11:12:00 59

Cancellation Of Foreign Exchange Guarantee

Irrevocable letter of guarantee for foreign exchange quota


Bank of China:


According to the following three points: 1.

company

This is the first time.

Apply

Your bank agrees to provide foreign currency loans (capital letters) to the foreign investors.

This guaranty is hereby issued to guarantee the following items to your bank:


1. This guarantee is an irrevocable and irrevocable letter of guarantee. The amount of the guarantee is equal to the amount of foreign exchange, which is equal to the amount of loan, principal and interest and expenses of the company.


Two. The guaranty certificate guarantees that the borrower will be returned to the borrower at the first time.

contract

The total or partial repayment of principal and interest is not payable on time, and it is agreed to repay the principal and interest of the borrower and the amount of expenses owed by the borrower within fourteen days after receiving the written notice of your bank.

If our unit fails to fulfill the above guarantee responsibility, we will accept your entrustment from the foreign exchange administration to deduct the total amount of foreign exchange loan from all of our unit accounts.


Three, this guarantee will continue to be effective when your bank agrees to extend the repayment of the borrower.


Four, this guarantee is a guarantee of continuous guarantee and compensation, and is not affected by any instructions or documents signed by the borrower from the superior unit or any unit signed by the borrower, nor is there any change due to the bankruptcy of the borrower, the inability to repay the loan, the loss of the enterprise qualification, the modification of the articles of association, and the change of customs, suspension, merger and pfer.


Five, the guarantor is a legal person approved by the competent authorities of the higher level, and a business license issued by the administrative department for Industry and commerce, and the property that has enough repayment of the loan is a guarantee to ensure that the obligations stipulated in the certificate are fulfilled.


Six, this guarantee will become effective from the date of issue, and will automatically become invalid when the principal and interest of all borrowers are repaid.


Guarantor: (official seal)


Legal representative: (signature)


The address of the guarantor is: the address of the guarantor.


  保证人外汇额度开户局名及账号:_________________
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