TEXT FORMAT FOR BD– ICC 600 SWIFT MT110

(Text may vary in substance but the essential undertaking must be maintained)
SENDER
FROM:
BANK NAME:
BANK ADDRESS:
SWIFT CODE:
TEL:
FAX:
BANK OFFICER:
ACCOUNT NAME:
ACCOUNT NUMBER:
RECEIVER
BANK NAME:
BANK ADDRESS:
SWIFT CODE:
TEL. NO.:
FAX NO.:
EMAIL ADDRESS:
BANK OFFICER:
ACCOUNT NAME:
ACCOUNT NUMBER:
REFERENCE:
TRANSACTION CODE:
REFER:
FOR VALUE RECEIVED, WE, THE UNDERSIGNED <ISSUING BANK> OF <ADDRESS> HEREBY ISSUE OUR IRREVOCABLE,
UNCONDITIONAL, ASSIGNABLE, TRANSFERABLE, DIVISIBLE BANK BD AND WITHOUT PROTEST OR NOTIFICATION
PROMISE TO PAY AGAINST THIS BANK GUARANTEE TO THE ORDER OF ---------------------------

THE BEARER OR HOLDER THEREOF AT EXPIRY <DD/MM/YY> THE SUM OF EUROS FIVE HUNDRED MILLION ONLY
(EUROS 500,000,000.00 ONLY) IN THE LAWFUL CURRENCY OF EURO UPON PRESENTATION AND SURRENDER OF THIS
BANK BD AT THE OFFICE OF <ISSUING BANK> OF <ADDRESS> ON EXPIRY DATE, BUT NOT LATER THAN FIFTEEN DAYS
AFTER THE EXPIRY DATE.
SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF AND CLEAR OF ANY DEDUCTIONS OR CHARGES, FEES OR LEVIES,
COLLECTED, WITHHELD OR ASSESSED BY GOVERNMENT OF <COUNTRY OF ISSUING BANK> OR ANY POLITICAL SUB-
DIVISION OR AUTHORITY THEREOF OR THEREIN.
THIS BD IS CASH-BACKED, TRANSFERABLE, ASSIGNABLE AND DIVISIBLE WITHOUT PRESENTATION TO US OR
PAYMENT OF ANY TRANSFER OR ASSIGNABLE OR DIVISIBLE FEE.
THIS OPERATIVE BANK INSTRUMENT IS FOR THE VALUE STATED HEREIN AND ISSUED FOR A TERM OF ONE YEAR AND
ONE MONTH FROM THE DATE OF TRANSMISSION OF THIS SWIFT CONFIRMATION AND IS AN OPERATIVE AND FULLY
CONFIRMED INSTRUMENT AND SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDIT
LATEST VERSION INTERNATIONAL CHAMBER OF COMMERCE ICC PUBLICATION NUMBER 500/600 AND ENGAGES
USING ACCORDANCE WITH TERMS THEREOF.

THIS BD SHALL BE GOVERNED BY AND SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF <COUNTRY OF
ISSUING BANK>.

THIS BD IS A FULLY OPERATIVE INSTRUMENT AND ALL CHARGES ARE FOR THE ACCOUNT OF APPLICANT.
SIGNED FOR AND ON BEHALF OF (NAME) BANK OF (COUNTRY)

AUTHORIZED SIGNATURE: AUTHORIZED SIGNATURE: