THE SPECIMEN OF BANK GUARANTEE MT760

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Notification (Transmission) of Original sent to SWIFT
Network Delivery Status : Network Ack
Priority/Delivery : Normal
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Swift Input : MT760

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27: Sequence of Total 1/

20: Transaction Reference Number

23: Further Identification 30: Date 40C: Applicable Rules URDG

77C: Details of Guarantee

REFERENCE NUMBER : TYPE OF BANK GUARANTEE : IRREVOCABLE DATE OF ISSUE : DATE/PLACE OF EXPIRE : ISSUING BANK, ADDRESS :

APPLICANT :

BENEFICIARY : ADVISING BANK : SWIFT: AMOUNT : USD 00,000,000.00 (---- MILLION 00/100 US DOLLARS)

WE UNDERSTAND FROM OUR CUSTOMER (name, address), HEREINAFTER REFERRED TO AS "APPLICANT", THAT ON (month, date, 2007) IT HAS CONCLUDED A CONTRACT NO. __________ WITH YOU, Beneficiary’s name, HEREINAFTER REFERRED TO AS "BENEFICIARY”, FOR THE SUPPLY OF ______________ IN A TOTAL CONTRACTUAL VALUE OF US$00,000,000.00 (--- MILLION 00/100 UNITED STATES DOLLARS).
A FACE VALUE OF THIS GUARANTEE SHALL BE EQUAL TO THE VALUE OF THE PRODUCT TO BE DELIVERED AS A LOT OF 00,000 (------) METRIC TONS, IN TOTAL AMOUNT OF USD 00,000,000.00 (----MILLION 00/100 US DOLLARS).
F0R THE VALUE RECEIVED WE, (name of the bank, address), HEREBY IRREVOCABLY AND UNCONDITIONALY, WITHOUT PROTEST OR NOTIFICATION, PROMISE TO PAY AGAINST THIS BANK GUARANTEE No. _______ TO THE ORDER OF THE BENEFICIARY THEREOF, BEFORE OR AT THE DATE OF MATURITY, UPON RECEIPT OF BENEFICIARY’S FIRST