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1. Parties: Identification of the bank (guarantor), the applicant (primary obligor), and the beneficiary
2. Background: Context of the guarantee, including the underlying transaction or obligation being guaranteed
3. Definitions: Key terms used throughout the guarantee document
4. Guarantee Amount: Specific amount of the guarantee and currency
5. Scope of Guarantee: Detailed description of what is being guaranteed and the extent of the bank's obligation
6. Duration and Validity: Term of the guarantee, including start date and expiry conditions
7. Conditions for Payment: Circumstances and procedures under which the guarantee can be called upon
8. Payment Mechanism: Process and timeframe for honoring the guarantee when called
9. Bank's Rights and Obligations: Specific duties and rights of the guarantor bank
10. Compliance Statement: Declaration of compliance with Sharia principles and Saudi banking regulations
11. Governing Law and Jurisdiction: Confirmation of Saudi law application and jurisdictional matters
12. Notices: Communication procedures between parties
13. Execution: Signature blocks and execution requirements
1. Counter-Guarantee Provisions: Required when there is a counter-guarantee from another bank or institution
2. Assignment Restrictions: Include when transfer of rights needs to be specifically restricted or permitted
3. Force Majeure: Include when specific force majeure provisions are required beyond standard provisions
4. Language Precedence: Required when the guarantee is issued in multiple languages
5. Anti-Money Laundering Provisions: Include when enhanced AML provisions are required
6. Electronic Execution: Include when digital signature and electronic documentation is permitted
7. Dispute Resolution: Include when specific dispute resolution mechanisms beyond court jurisdiction are required
1. Schedule 1 - Form of Demand: Template for making a claim under the guarantee
2. Schedule 2 - Supporting Documents: List of required documents to be submitted with guarantee claim
3. Schedule 3 - Fee Schedule: Details of bank charges and fees associated with the guarantee
4. Schedule 4 - Communication Details: Contact information and authorized representatives of all parties
5. Appendix A - Underlying Agreement Reference: Details of the primary agreement or obligation being guaranteed
6. Appendix B - Compliance Certificates: Required regulatory and Sharia compliance certificates
Banking and Financial Services
Construction
International Trade
Real Estate
Manufacturing
Energy and Utilities
Government and Public Sector
Infrastructure Development
Telecommunications
Retail and Commercial
Oil and Gas
Defense and Security
Legal
Finance
Treasury
Compliance
Risk Management
Corporate Banking
Trade Finance
Operations
Islamic Banking
Commercial
Credit Control
Document Control
Chief Financial Officer
Treasury Manager
Financial Controller
Trade Finance Manager
Legal Counsel
Compliance Officer
Risk Manager
Banking Relationship Manager
Corporate Finance Director
Commercial Director
Project Manager
Contract Administrator
Credit Manager
Islamic Banking Specialist
Senior Finance Executive
Banking Operations Manager
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