tiktok³ÉÈË°æ

All Countries
Banking
Corporate Bank Guarantee

Corporate Bank Guarantee Template for Ireland

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Corporate Bank Guarantee

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Corporate Bank Guarantee

"I need a Corporate Bank Guarantee drafted under Irish law where AIB Bank guarantees payment of €5 million to Dublin Development Ltd on behalf of our construction company, with the guarantee valid until March 15, 2025, specifically for our new shopping center project in Cork."

Celebrated by
Collaborations with
Investors
Document background
Corporate Bank Guarantees are essential financial instruments in Irish business transactions, particularly used when a company needs to provide financial security for its obligations. This document is typically employed in scenarios such as construction projects, international trade transactions, or large-scale service contracts where the beneficiary requires security from a reliable financial institution. The guarantee, governed by Irish law and regulated by the Central Bank of Ireland, provides assurance to the beneficiary while helping corporate clients secure contracts and business opportunities. The document includes crucial elements such as the guarantee amount, validity period, conditions for calling upon the guarantee, and the bank's obligations, all structured to comply with Irish banking regulations and corporate law requirements.
Suggested Sections

1. Parties: Identifies the Bank (Guarantor), the Beneficiary, and the Principal (Corporate entity requesting the guarantee)

2. Background: Explains the context of the guarantee, including the underlying transaction or obligation being guaranteed

3. Definitions: Defines key terms used throughout the guarantee document

4. Guarantee: Core section detailing the specific guarantee being provided, including the amount and scope

5. Duration and Validity: Specifies the commencement date, expiry date, and any conditions affecting the guarantee's validity

6. Bank's Obligations: Details the specific obligations of the bank under the guarantee, including payment terms and conditions

7. Demand Requirements: Specifies the process and requirements for making a valid demand under the guarantee

8. Payment Terms: Outlines the mechanics of payment, including timing and method

9. Reduction and Release: Conditions under which the guarantee amount may be reduced or the guarantee released

10. Governing Law and Jurisdiction: Specifies Irish law as governing law and establishes jurisdiction for disputes

11. Notices: Details how formal communications between parties should be made and delivered

12. Execution: Formal signing section including necessary attestations

Optional Sections

1. Counter-Indemnity: Include when the corporate client is required to indemnify the bank against losses - typically in most corporate guarantees

2. Assignment and Transfer: Include when the guarantee needs to be transferable or assignable

3. Multiple Beneficiaries: Include when there is more than one beneficiary of the guarantee

4. Step-In Rights: Include when the bank has rights to step into the underlying transaction

5. Currency Provisions: Include when the guarantee involves multiple currencies or currency conversion

6. Tax Provisions: Include when specific tax considerations need to be addressed

7. Force Majeure: Include when specific events beyond control need to be addressed

8. Anti-Money Laundering Compliance: Include when specific AML requirements need to be highlighted

Suggested Schedules

1. Form of Demand: Template for making a valid demand under the guarantee

2. Underlying Agreement: Copy or summary of the agreement being guaranteed

3. Bank's Authority Documents: Evidence of the bank's authority to issue the guarantee

4. Corporate Authorization: Principal's corporate approvals for the guarantee

5. Fee Schedule: Details of bank fees and charges related to the guarantee

6. Contact Details: List of authorized contacts and notice details for all parties

7. Specific Conditions: Any special conditions or requirements specific to the guarantee

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions



































Clauses






























Relevant Industries

Banking and Financial Services

Construction and Infrastructure

International Trade

Manufacturing

Real Estate and Property Development

Energy and Utilities

Telecommunications

Retail and Wholesale

Transportation and Logistics

Professional Services

Relevant Teams

Legal

Finance

Treasury

Risk Management

Compliance

Corporate Banking

Credit Administration

Operations

Commercial

Project Management

Relevant Roles

Chief Financial Officer

Treasury Manager

Finance Director

Bank Relationship Manager

Corporate Banker

Legal Counsel

Risk Manager

Compliance Officer

Credit Manager

Contract Manager

Project Manager

Commercial Director

Banking Operations Manager

Corporate Secretary

Financial Controller

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Deferred Payment Bank Guarantee

An Irish law-governed bank guarantee instrument that provides security for deferred payments in commercial transactions, with the bank guaranteeing scheduled payments to the beneficiary.

find out more

Bank Guarantee For Lease

An Irish law-governed bank guarantee providing security to landlords for tenant obligations under commercial lease agreements, issued by a bank as a binding financial commitment.

find out more

Advance Payment Guarantee

Template for Advance Payment Guarantees under Irish law, providing security for advance payments in commercial transactions.

find out more

Performance Bond Guarantee

An Irish law-governed financial guarantee instrument where a guarantor ensures a principal's performance of contractual obligations, providing security to the beneficiary.

find out more

Letter Of Credit And Guarantee

An Irish law-governed banking instrument combining a documentary credit with guarantee provisions to secure international trade transactions and ensure payment obligations.

find out more

Bank Guarantee For Purchase Of Goods

An Irish law-governed bank guarantee securing payment for goods, where a bank guarantees payment to a seller on behalf of a buyer in a commercial transaction.

find out more

Letter Of Credit Guarantee

An Irish law-governed banking guarantee document where a financial institution guarantees payment obligations under a Letter of Credit facility.

find out more

Bank Guarantor Letter

An Irish law-governed bank guarantee document where a bank commits to pay a specified amount to a beneficiary upon certain conditions or default events.

find out more

Financial Bank Guarantee

An Irish law-governed bank guarantee document where a financial institution provides a binding commitment to pay a specified sum to a beneficiary upon defined conditions.

find out more

Bank Guarantee For Deposit

An Irish law-governed bank guarantee securing payment of a deposit, typically used in property or commercial transactions, issued by a bank to protect a beneficiary's interests.

find out more

Standby Letter Of Credit For Lease

An Irish law-governed banking instrument providing security for lease obligations, allowing landlords to claim payment from a bank if tenants default on lease terms.

find out more

Bank Guarantee For Rent

An Irish law-governed financial instrument where a bank guarantees rent payment to a landlord on behalf of a tenant, serving as an alternative to a cash deposit.

find out more

Unlimited Bank Guarantee

An Irish law-governed Unlimited Bank Guarantee providing unconditional and uncapped payment undertaking from a bank to a beneficiary.

find out more

Digital Bank Guarantee

An Irish law-governed digital bank guarantee providing secured payment undertaking with electronic authentication and execution capabilities.

find out more

Corporate Bank Guarantee

An Irish law-governed bank guarantee where a financial institution guarantees payment or performance on behalf of a corporate client to a beneficiary.

find out more

Bank Guarantee Letter Of Credit

An Irish law-governed bank-issued financial instrument guaranteeing payment to a beneficiary upon presentation of specified documents, commonly used in international trade transactions.

find out more

Trade Finance Bank Guarantee

An Irish law-governed bank guarantee providing financial security in trade transactions, issued by a bank to protect beneficiaries against non-performance by the principal.

find out more

Bank Guarantee Bond

An Irish law-governed financial instrument where a bank guarantees payment to a beneficiary if a principal defaults on their contractual obligations.

find out more

Open Ended Bank Guarantee

Template for an Irish law-governed Open Ended Bank Guarantee, establishing a continuing security instrument between bank, principal, and beneficiary.

find out more

Advance Payment Guarantee Bond

An Irish law-governed guarantee instrument issued by a financial institution to secure advance payments made under a commercial contract.

find out more

On Demand Bank Guarantee

An Irish law-governed bank guarantee document where a bank commits to pay a specified sum to a beneficiary upon receiving a compliant demand, commonly used in commercial and international transactions.

find out more

Bank Endorsement Letter

An Irish-law governed formal bank document confirming a client's financial standing or specific financial arrangements, issued under Irish banking regulations.

find out more

Revolving Bank Guarantee

An Irish law-governed agreement establishing a revolving bank guarantee facility with automatic reinstatement provisions, compliant with Irish banking regulations.

find out more

Performance Standby Letter Of Credit

An Irish law-governed bank undertaking to pay upon default of performance obligations, providing financial security for commercial transactions.

find out more

Payment Guarantee Letter To Supplier

An Irish law-governed financial instrument where a guarantor provides a binding commitment to pay a supplier if the principal debtor defaults on their payment obligations.

find out more

Bank Guarantee Performance Bond

An Irish law-governed bank guarantee securing a principal's performance obligations to a beneficiary, typically used in construction and infrastructure projects.

find out more

Standby Letter Of Credit

An Irish law-governed bank guarantee instrument that provides payment assurance to a beneficiary upon presentation of compliant documents indicating default by the applicant.

find out more

Cash Backed Bank Guarantee

An Irish law-governed agreement establishing a bank guarantee backed by cash deposit, detailing terms, conditions, and parties' obligations.

find out more

Bid Bond Tender Guarantee

An Irish law-governed financial guarantee ensuring a bidder's commitment to their tender submission, with the guarantor promising payment if the bidder defaults on their obligations.

find out more

Bank Guarantee Letter

An Irish law-governed bank undertaking that guarantees payment or performance obligations of a principal party to a beneficiary, providing financial security in business transactions.

find out more

Bank Letter Of Comfort

An Irish law-governed document issued by a bank providing assurance regarding another entity's financial obligations, without constituting a legal guarantee.

find out more

Performance Bank Guarantee

An Irish law-governed bank guarantee securing a contractor's performance obligations to their client, providing financial security for contract fulfillment.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.