Reference is made to the contract no.… (order confirmation…)concluded b廣告een you(Messrs.) …as buyer and (Messrs.) …(the“Supplier”) on …??for the supply of …in the total amount of… . According to the said contract you he to make an advance payment to the Supplier in the amount of … corresponding to …% of the total contract value ,whereas the Supplier has to furnish an advance payment guarantee for the same amount.

By order of the Supplier we,…(name of bank) hereby establish this guarantee and undertake irrevocably to pay to you any amount not exceeding ..(in words:…)

Within 30 working days after your written demand by original letter in which specifically must be stated in what way the SUPPLIER cannot fulfill his contractual delivery obligations.

Any payments under this guarantee are made in reduction of our obligation as aforesaid under this guarantee.

This guarantee will become effective as soon as the said advance payment has been credited to the Supplier’s account…without reserve.

This guarantee shall be automatically reduced by …% of the value of each partial shipment under the said contract upon presentation of copies of the relevant commercial invoices and transport documents at our bank…(name of bank).

Our liability under this guarantee will expire as soon as this letter of guarantee is returned to us by yourself or a third party,at the latest however on YYYY-MM-DD.

Any claim hereunder must he reached us by original letter before the closing hours of that day.

The original of this letter of guarantee should be returned to us on expiration or upon fulfilment of our undertaking.

The rights resulting from this guarantee are neither transferable nor assignable.

This guarantee is subject to the Uniform Rules for Demand Guarantee, ICC Publication No.758.

Our guarantee shall be governed by the same as purchase contract.