Cheque Guarantee Letter Template for Canada

1. Security Arrangements: Details of any security or collateral provided by the client to the bank, included when specific security arrangements exist

2. Multiple Drawers Provision: Special provisions for cases where multiple parties are authorized to draw cheques under the guarantee

3. Foreign Currency Provisions: Special terms for guarantees involving foreign currency cheques, including exchange rate considerations

4. Counter-Guarantee Requirements: Terms regarding any counter-guarantee required from a third party

5. Amendment Procedures: Procedures for modifying the guarantee terms, included for longer-term or complex arrangements

1. Schedule A - Cheque Specifications: Detailed list of all cheques covered by the guarantee, including cheque numbers, dates, and amounts

2. Schedule B - Authorized Signatories: List of authorized signatories for the guaranteed cheques, including specimen signatures if required

3. Appendix 1 - Required Documentation: List of documents required for making a claim under the guarantee

4. Appendix 2 - Security Documentation: Copies or details of any security documents referenced in the main letter