Foreign Bank Guarantee Template for Malaysia

1. Counter-Indemnity: Required when the principal provides indemnity to the guarantor bank

2. Multiple Banking Facilities: Include when the guarantee is part of a larger banking facility arrangement

3. Foreign Currency Provisions: Required when payments may be made in multiple currencies or currency conversion is relevant

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

5. Tax Provisions: Required when specific tax implications need to be addressed

6. Anti-Money Laundering Compliance: Include when enhanced compliance requirements are needed

7. Force Majeure: Include when specific force majeure provisions are required beyond standard banking practice

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

2. Underlying Contract Details: Summary or extract of the main contract being guaranteed

3. Fee Schedule: Details of bank charges, fees, and commission rates

4. Authorized Signatories: List of persons authorized to make demands or give instructions

5. Supporting Documents: List of required documents for guarantee activation or claims

6. Bank's Standard Terms and Conditions: General terms applicable to all bank guarantees issued by the bank