Draft for Customs Duty Credit Account (Bank)

ON BANK’S LETTER HEAD

Date:

To

Dubai Customs
P O Box 63
Dubai, U A E

Dear Sirs,

Re: Our Guarantee No:………………for Dhs:……………

At the request of M/s. (Company Name………) we, (Bank’s name……..)

hereby undertake to pay to you a sum not exceeding Dhs:……….(in
words……..) in respect of payment of Customs Duty.

The Guaranteed sum in whole or in part thereof without any limit on the
number of claims during the guarantee period, shall be paid to you upon
your first written demand despite any contestation on the part of M/s.
(Company name………….)

The guarantee will be valid till 31st December, (insert the current year) and
will be renewed automatically at the end of this year and of subsequent years
for the full reinstated maximum liability unless you receive notice in writing
from us of non-renewal at least one month before the expiry of any current
annual period.

Authorized Signature & Stamp