Bank Guarantee Against Fd Template for United Arab Emirates

1. Counter Indemnity: Required when the fixed deposit holder is different from the party requesting the guarantee, providing indemnity to the bank

2. Assignment: Include when the guarantee needs to be assignable or when assignment should be specifically prohibited

3. Multiple Beneficiaries: Required when there is more than one beneficiary, detailing their rights and claim procedures

4. Automatic Renewal: Include when the guarantee may be automatically renewed based on certain conditions

5. Language: Required when the guarantee needs to be bilingual (Arabic/English) or when specifying which language prevails

1. Schedule 1 - Fixed Deposit Details: Detailed information about the fixed deposit including account details, amount, interest rate, and maturity date

2. Schedule 2 - Form of Demand: Template for making a claim under the guarantee

3. Schedule 3 - Authorized Signatories: List of persons authorized to make claims or give instructions regarding the guarantee

4. Appendix A - Required Documentation: List of documents required for making a claim under the guarantee

5. Appendix B - Bank's Standard Terms and Conditions: Standard terms and conditions applicable to bank guarantees, if referenced in the main document