The Payment Guarantee Letter To Supplier is a crucial document in Indonesian commercial transactions, particularly when suppliers require payment security before proceeding with significant deliveries or services. This document becomes relevant in situations where there's a need to establish trust between parties, especially in new business relationships or large-scale transactions. Under Indonesian law, particularly the Civil Code (KUHPerdata) Articles 1820-1850 governing guarantees, this instrument provides legally enforceable payment assurance. The document typically includes specific details such as the guaranteed amount, validity period, claiming conditions, and the underlying commercial transaction details. It's commonly used in both domestic and international trade scenarios where Indonesian law applies, and can be issued by banks, financial institutions, or corporate entities with sufficient financial standing.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Letter Header: Official letterhead of the guarantor, including complete legal name, address, and registration details
2. Date and Reference Number: Formal date of issuance and unique reference number for the guarantee
3. Beneficiary Details: Complete legal name and address of the supplier (beneficiary) of the guarantee
4. Subject Line: Clear indication that this is a Payment Guarantee Letter
5. Guarantee Declaration: Clear and unambiguous statement of the guarantee, including the maximum guaranteed amount in numbers and words
6. Principal Transaction Reference: Reference to the underlying transaction or contract between the principal debtor and the supplier
7. Guarantee Terms: Key conditions including validity period, payment terms, and claim procedure
8. Governing Law Statement: Express statement that the guarantee is governed by Indonesian law
9. Authorized Signature Block: Space for authorized signatory's name, title, and signature, including company stamp
1. Counter-Guarantee Reference: Include when there is a back-to-back guarantee arrangement with another financial institution
2. Claim Documentation Requirements: Include when specific documents are required for making a claim under the guarantee
3. Force Majeure Clause: Include when specific force majeure provisions are required based on the underlying transaction
4. Dispute Resolution: Include when specific dispute resolution mechanisms need to be specified
5. Language Declaration: Include when the guarantee is issued in multiple languages to specify which version prevails
1. Payment Schedule: Detailed schedule of guaranteed payments if the guarantee covers multiple payment obligations
2. Specimen Signature List: List of authorized signatories who can make claims under the guarantee
3. Claim Form Template: Standard form for making claims under the guarantee
4. Copy of Principal Contract: Reference copy of the underlying contract or purchase order being guaranteed
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
International Trade
Retail
Construction
Energy
Mining
Agriculture
Telecommunications
Technology
Automotive
Chemical Industry
Textile Industry
Food and Beverage
Pharmaceuticals
Relevant Teams
Legal
Finance
Treasury
Procurement
Supply Chain
Risk Management
International Trade
Commercial Operations
Credit Control
Corporate Banking
Relevant Roles
Chief Financial Officer
Finance Director
Treasury Manager
Procurement Manager
Supply Chain Director
Commercial Director
Legal Counsel
Credit Manager
Trade Finance Manager
Risk Manager
Account Manager
Banking Relationship Manager
Finance Controller
International Trade Manager
Find the exact document you need
Letter Of Credit Loan
An Indonesian law-governed agreement establishing terms for letter of credit facilities between a bank and borrower, complying with local banking regulations and international practices.
Download
Lc Trade (Finance)
An Indonesian-law governed Letter of Credit document that provides secured payment mechanism for international trade transactions, compliant with local banking regulations and international standards.
Download
Lc At Sight Terms
Letter of Credit at Sight terms document under Indonesian law, establishing bank payment commitments for international trade transactions.
Download
Biaya Letter Of Credit
An Indonesian law-governed agreement establishing fees and payment terms for Letter of Credit services between a bank and its client.
Download
Trade Lc
An Indonesian-law governed Trade Letter of Credit document that facilitates secure international trade transactions through bank-guaranteed payment commitments.
Download
Lc Document
A bank-issued payment guarantee document for international trade transactions, governed by Indonesian banking laws and UCP 600.
Download
Payment Terms SBLC
Indonesian law-governed document establishing terms and conditions for Standby Letter of Credit payment arrangements, including banking obligations and compliance requirements.
Download
Import Bill Under Lc
Indonesian Import Bills Under LC agreement outlining terms and conditions for documentary credit operations under Indonesian law and international trade practices.
Download
Lc For Payment
A bank-issued payment guarantee document under Indonesian law that ensures secure payment in international trade transactions, subject to document compliance.
Download
Lc Facility
An Indonesian law-governed agreement establishing terms for a bank to issue letters of credit for a corporate client, combining local banking regulations with international trade practices.
Download
Letter Of Credit Limit
An Indonesian law-governed agreement establishing a revolving facility for issuing Letters of Credit up to a predetermined limit.
Download
Lc Invoice
An LC Invoice is a formal trade document used in letter of credit transactions, compliant with Indonesian trade laws and international banking standards.
Download
SBLC As Collateral
An Indonesian law-governed agreement establishing terms for using a Standby Letter of Credit as collateral security, compliant with local banking regulations.
Download
Application Letter For Lc
A formal application document used in Indonesia to request a bank to issue a Letter of Credit, governed by Indonesian banking laws and international trade practices.
Download
Marginal Deposit On Letter Of Credit
An Indonesian law-governed agreement establishing terms for maintaining a cash deposit as security for a Letter of Credit facility.
Download
Loan Against Letter Of Credit
An Indonesian law-governed agreement for providing bank financing against a Letter of Credit as security, commonly used in international trade transactions.
Download
Lc Payment Terms In Export
Indonesian law-compliant Letter of Credit payment terms agreement for export transactions, incorporating local regulations and international banking practices.
Download
Direct Pay Letter Of Credit
An Indonesian law-governed bank undertaking that guarantees payment to a beneficiary upon presentation of compliant documents in international trade transactions.
Download
Sblc Trade (Finance)
An Indonesian law-governed agreement establishing terms and conditions for issuing and managing Standby Letters of Credit in international trade transactions.
Download
Lc Export Import
An Indonesian law-governed Letter of Credit Export Import agreement facilitating secure international trade transactions with standardized payment and documentation requirements.
Download
SBLC DLC
A bank-issued financial instrument under Indonesian law that provides payment security in international trade and financial transactions, governed by local banking regulations and international standards.
Download
Credit Letter In Business Communication
An Indonesian law-governed banking document that establishes credit arrangements between financial institutions and businesses, operating under Indonesia's banking regulations and financial authority oversight.
Download
Collateral For Letter Of Credit
An Indonesian law-governed security agreement establishing collateral arrangements for Letter of Credit facilities, compliant with local banking and security regulations.
Download
Cash Backed SBLC
An Indonesian law-governed agreement for a cash-collateralized Standby Letter of Credit, establishing terms between bank, applicant, and beneficiary.
Download
SBLC Transferable
A transferable bank guarantee instrument governed by Indonesian law that allows the beneficiary to transfer their rights to receive payment to another party.
Download
SBLC Non Recourse Loan
An Indonesian law-governed loan agreement secured by SBLC with non-recourse provisions, combining local regulatory compliance with international banking practices.
Download
Letter Of Credit Risk
Risk management framework for Letter of Credit transactions under Indonesian law, incorporating local banking regulations and international standards.
Download
Letter Of Credit Fee
An Indonesian banking document specifying fees and charges for Letter of Credit services, governed by Indonesian banking laws and Bank Indonesia regulations.
Download
Letter Of Credit Duration
A formal banking document used in Indonesia to modify the duration of an existing Letter of Credit, governed by Indonesian banking regulations and international trade practices.
Download
Lc Finance Term
Indonesian law-governed Letter of Credit financing facility agreement establishing terms for LC issuance and trade finance operations.
Download
Letter Of Credit Payment Terms
An Indonesian law-governed document specifying Letter of Credit payment terms and conditions for international trade transactions, aligned with Bank Indonesia regulations and UCP 600.
Download
Guarantee Letter Of Credit
An Indonesian law-governed banking instrument that provides a bank's guarantee of payment to a beneficiary upon presentation of compliant documents under UCP 600 rules.
Download
Credit Facility Offer Letter
An Indonesian law-governed formal letter from a bank to a prospective borrower detailing approved credit facility terms and conditions.
Download
Cash Collateralized Letter Of Credit
An Indonesian law-governed agreement establishing terms for a Cash Collateralized Letter of Credit facility, detailing collateral requirements and LC issuance procedures.
Download
Application For Letter Of Credit
An Indonesian-law governed application form for requesting a bank to issue a Letter of Credit, following Bank Indonesia regulations and international banking practices.
Download
SBLC Buyers
An Indonesian law-governed agreement between a buyer and bank for the issuance of a Standby Letter of Credit (SBLC), outlining terms, conditions, and compliance requirements.
Download
SBLC Backed Buyers Credit
An Indonesian law-governed financing agreement establishing an SBLC-backed buyers credit facility with associated terms, conditions, and security arrangements.
Download
SBLC At Sight
An Indonesian law-governed bank guarantee instrument that provides immediate payment upon compliant document presentation, combining local banking regulations with international practices.
Download
Transferring Bank In Lc
An Indonesian law-governed document facilitating the transfer of Letters of Credit rights from first to second beneficiary, compliant with UCP 600 and local banking regulations.
Download
Revolving SBLC
An Indonesian law-governed Revolving SBLC agreement establishing a renewable credit facility with automatic reinstatement provisions.
Download
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)