The Business Bank Guarantee is a crucial financial instrument in Hong Kong's commercial landscape, commonly used to secure business obligations and facilitate commercial transactions. It serves as a risk mitigation tool where a bank provides a financial commitment to support a business's obligations to third parties. This document is particularly relevant when companies need to demonstrate financial security for contracts, tenders, or performance obligations. The guarantee, governed by Hong Kong banking regulations and commercial law, typically includes specific details about the guaranteed amount, validity period, conditions for claims, and payment terms. It's widely used in international trade, construction projects, and various commercial arrangements where financial security is required. The document must comply with the Hong Kong Banking Ordinance and related regulations while meeting international banking standards.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies and defines all parties to the guarantee: the Bank (Guarantor), the Applicant (Principal), and the Beneficiary
2. Background: Outlines the context of the guarantee, including the underlying transaction or relationship between the Applicant and Beneficiary
3. Definitions: Defines key terms used throughout the guarantee document
4. Guarantee Amount and Scope: Specifies the maximum amount of the guarantee and exactly what obligations are being guaranteed
5. Term and Validity: Specifies the effective date, expiry date, and any conditions affecting the validity of the guarantee
6. Demand Requirements: Details the process and requirements for making a valid demand under the guarantee
7. Payment Terms: Specifies how and when payment will be made following a valid demand
8. Bank's Rights and Obligations: Outlines the specific rights, obligations, and limitations of the bank's liability
9. Governing Law and Jurisdiction: Specifies Hong Kong law as governing law and jurisdiction for disputes
10. Execution: Formal signing section including witness requirements
1. Counter-Indemnity: Required when the Applicant must provide indemnity to the Bank; typically included as a separate document
2. Assignment Provisions: Include when the guarantee needs to be transferable or assignable
3. Multiple Beneficiaries: Include when there are multiple beneficiaries and their relationships need to be defined
4. Step-In Rights: Include when the Bank has the right to step into the underlying contract
5. Automatic Extension Clause: Include when the guarantee may need to be automatically extended under certain conditions
6. Language Clause: Include when the guarantee might be translated or executed in multiple languages
1. Form of Demand: Template for making a valid demand under the guarantee
2. Underlying Contract Details: Summary or extract of the underlying contract or obligation being guaranteed
3. Fee Schedule: Details of bank fees and charges related to the guarantee
4. Authorized Signatories: List of persons authorized to make demands under the guarantee
5. Supporting Documents: List of required supporting documents for guarantee activation or claims
Find the exact document you need
Broken Leg Risk Assessment
A Hong Kong-compliant workplace risk assessment document focusing on broken leg injury prevention and risk mitigation, aligned with local safety regulations.
Download
Time And Material Invoice
A Hong Kong-compliant invoice document for billing actual time spent and materials used in project execution, with detailed breakdowns of labor and material costs.
Download
Exclusive Artist Agreement
A Hong Kong law-governed agreement establishing exclusive rights between an entertainment company and an artist, defining their professional relationship and mutual obligations.
Download
Net 30 Invoice
A Hong Kong law-compliant invoice document specifying 30-day payment terms with complete transaction and party details.
Download
Employment Contract For Casual Employee
A Hong Kong-compliant employment contract for casual workers establishing flexible working arrangements and statutory entitlements under Hong Kong law.
Download
Buyer Commission Agreement
A Hong Kong-governed agreement between an estate agent and property buyer establishing terms for property search services and commission payment.
Download
Co Branding Partnership Agreement
A Hong Kong law-governed agreement establishing terms and conditions for brand collaboration between two or more parties, including joint marketing and brand usage rights.
Download
Broker Agreement Commission
A Hong Kong law-governed agreement establishing broker services terms and commission structures between a principal and broker.
Download
Business Bank Guarantee
A Hong Kong law-governed bank guarantee document where a bank provides financial security for a business's contractual obligations.
Download
Real Estate Assignment Of Contract Form
A Hong Kong law-governed document that transfers rights and obligations under an existing property contract from an Assignor to an Assignee.
Download
Introducer Agreement Commission
Hong Kong law-governed agreement setting out terms for business introductions and associated commission payments, including regulatory compliance requirements.
Download
Broker Fee Contract
A Hong Kong law-governed agreement establishing brokerage service terms, fee structures, and mutual obligations between broker and client.
Download
Real Estate Agent Agreement Contract
A Hong Kong-compliant agreement establishing the terms and conditions between a licensed real estate agent and their client for property transactions.
Download
Re Employment Letter After Termination
A Hong Kong law-governed letter establishing new employment terms for a previously terminated employee returning to the same organization.
Download
Co Broker Agreement
A Hong Kong law-governed agreement establishing collaboration terms between real estate brokers, including commission sharing and operational procedures.
Download
Sales Authorization Letter
A Hong Kong law-governed document that formally authorizes specified parties to conduct sales activities on behalf of a company, outlining scope and terms of representation.
Download
Estate Agency Agreement
A regulated agreement under Hong Kong law establishing the terms of engagement between an estate agent and their client for property transactions.
Download
Buyer Agent Exclusive Agreement
A Hong Kong-governed agreement establishing an exclusive relationship between a property buyer and licensed estate agent for property acquisition services.
Download
Liquidation Letter To Employees
A formal notice under Hong Kong law informing employees of company liquidation, employment termination, and their rights and entitlements during the liquidation process.
Download
Commercial Loan Agreement
A Hong Kong law-governed agreement setting out terms and conditions for a commercial loan facility between a lender and corporate borrower.
Download
Real Estate Broker Commission Agreement
A Hong Kong-compliant agreement establishing commission terms and service scope between property owners and licensed real estate brokers.
Download
Real Estate Broker Agreement
Hong Kong-governed agreement between property owner and real estate broker establishing terms for property marketing and sale/lease services.
Download
Real Estate Agent Commission Agreement
A Hong Kong-compliant agreement establishing commission terms and service scope between real estate agents and their clients for property transactions.
Download
Real Estate Agent Agreement
A Hong Kong-governed agreement establishing the terms between a property owner and real estate agent, compliant with local real estate regulations.
Download
Broker Contract Agreement
A Hong Kong law-governed agreement establishing the terms and conditions between a licensed broker and client for securities trading and related financial services.
Download
Broker Commission Agreement
A Hong Kong law-governed agreement establishing commission terms and conditions between a principal and broker, compliant with SFC regulations and local securities laws.
Download
Broker Agent Agreement
A Hong Kong law-governed agreement establishing the terms and conditions between a principal and a broker/agent, including regulatory compliance, duties, and compensation structure.
Download
Art Broker Agreement
A Hong Kong-governed agreement establishing terms and conditions between an art broker and client for professional art transaction services.
Download
Agent Commission Agreement
A Hong Kong law-governed agreement establishing commission terms and conditions between a principal and their sales agent.
Download
Commission Agreement Between Seller And Agent
A Hong Kong law-governed agreement establishing terms for a commission-based sales agency relationship between a seller and their appointed agent.
Download
Broker To Broker Agreement
A Hong Kong law-governed agreement establishing cooperation terms between licensed brokers, compliant with SFC regulations.
Download
Broker Lease Agreement
A Hong Kong-governed agreement establishing the terms and conditions between a licensed real estate broker and client for lease-related services, including commission structure and service scope.
Download
Broker Exclusive Agreement
A Hong Kong law-governed agreement establishing an exclusive relationship between a licensed securities broker and their client, outlining service terms and regulatory compliance requirements.
Download
Real Estate Agent Contract With Seller
A Hong Kong law-governed agreement between a real estate agent and property seller establishing terms for property marketing and sale services.
Download
Real Estate Agent Contract With Broker
A Hong Kong law-governed agreement establishing the professional relationship and operating terms between a licensed real estate broker and agent, compliant with local real estate regulations.
Download
Estate Agent Contract
A regulated agreement between estate agents and clients in Hong Kong, establishing terms of property agency services and commission structures under Hong Kong law.
Download
Sponsorship Agreement Contract
A Hong Kong law-governed agreement establishing terms and conditions for a sponsorship relationship between a sponsor and sponsored party.
Download
Loan Assumption Agreement
A Hong Kong law-governed agreement that transfers existing loan obligations from an original borrower to a new assuming borrower, detailing the terms and conditions of the assumption.
Download
Investment And Shareholders Agreement
A Hong Kong law-governed agreement setting out investment terms and shareholder relationships, including rights, obligations, and governance structures.
Download
Split Bill Of Lading
A Hong Kong law-governed shipping document that legally divides an original Bill of Lading into multiple parts, each representing a portion of the original cargo.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)