1. Basic column. Including: China United Bank financing guarantee number, date of issuance, names and addresses of all parties, names of related transactions or projects, numbers of related contracts or tenders, date of signing or issuance, etc.
2. Liability clause. That is, the liability clause promised by the bank or other financial institution that issued the guarantee is the main body of the bank guarantee.
3. Guarantee amount. It is the maximum amount that the bank or other financial institution issuing the letter of guarantee bears, which can be a specific amount or a certain proportion of the relevant amount in the contract. If the guarantor can reduce or exempt the liability according to the extent of the client's performance of the contract, it must make a specific explanation.
4. Validity period. That is to say, the latest claim date or deadline, which can be a certain date or a period of time after a certain act or event. For example: three or six months after delivery, 30 days after the completion of the project, and so on.
5. The claim method is the claim condition. This means that the beneficiary can lodge a claim with the bank that issued the letter of guarantee under any circumstances. There are two different ways to deal with this in the world: one is unconditional or "guarantee on demand"; The other is conditional guarantee.