BANK GUARANTEE LETTER

BANK GUARANTEE LETTER

Date: [Day/Month/Year]
Letter No: [Letter of Guarantee Number]
Beneficiary: [Beneficiary's Name / Title]
Beneficiary's Address: [Beneficiary's Address]
Beneficiary's Tax Number/Turkish Identity Number: [Beneficiary's Tax or Turkish Identity Number]

Dear Sir/Madam,

1. SUBJECT OF THE GUARANTEE: This bank guarantee letter is issued to secure the fulfillment of the obligations related to the [Contract or Subject of Work] between [Beneficiary] and [Contractor/Customer/Debtor]

2. UNDERTAKING: Our bank unconditionally, definitively, and irrevocably undertakes to meet all financial obligations arising under [Contract No. or Description of Work] , limited to the amount specified in this letter, on behalf of [Beneficiary]

3. GUARANTEE AMOUNT:
The guarantee amount undertaken by our bank under this letter of guarantee [Guarantee Amount in Figures] TL (Guarantee Amount in Words, Turkish Lira) and will be valid for the duration of this letter.

4. VALIDITY PERIOD: This letter of guarantee is valid from [Start Date] and will remain in effect until [End Date] . Our bank agrees and undertakes to pay the guarantee amount promptly and without any objection, upon written request from [Beneficiary] within this period

5. PAYMENT TERMS:

• A written payment request from [Beneficiary] to our bank is sufficient
• Our bank guarantees to pay the requested amount immediately and without any deduction.
• Our letter of guarantee unconditional, irrevocable, and definitive , and payment will be made without the need for any court order or enforcement proceedings.

6. LEGAL BASIS:
This letter of guarantee of the Turkish Commercial Code No. 6102, the Banking Law No. 5411, and other relevant legislation .

7. JURISDICTION: The [City] Courts and Enforcement Offices shall have jurisdiction over any disputes that may arise regarding this letter of guarantee .

Best regards,

[Bank Name]
[Branch Name]

Authorized Signatures:

1. [Authorized Person Name] – [Job Title] – Signature: ___________
2. [Authorized Person Name] – [Job Title] – Signature: ___________

Attachments:

• [Relevant contract or supplementary documents, if any]
• [Commercial registry information of the beneficiary and debtor]