Glossary entry

Danish term or phrase:

Paradigme til bankgarantien

English translation:

Bank (AmE) guaranty precedent; specimen or model bank guarantee

Added to glossary by dmesnier
Jun 17, 2019 22:34
4 yrs ago
Danish term

Paradigme til bankgarantien

Danish to English Law/Patents Real Estate Lease Agreement
Hi, I'm trying to verify a more natural US EN translation rather than paradigm - model of the bank guarantee or chart.....?
Thanks for your help! It only appears a few times simply as:


Paradigme til bankgarantien vedlægges som bilag XX

Thanks for your help!

Proposed translations

12 hrs
Selected

Bank (AmE) guaranty precedent; specimen or model bank guarantee

In the UK, we use 'books of precedents' - specimen or model forms vs. of past cases.

Anecdotally, one Solicitor/Attorney in England lifted a 'pleading precedent' so mindlessly that s/he (likelier to be a he) included the precdents book page number at the bottom of the pleading /submission > now known as a statement of case.
Example sentence:

Payment guarantee precedent This Payment Guarantee Precedent, is a precedent to be used as security for the obligations of a debtor / customer / 3rd party and provides for the obligations of such debtor, to be secured by a guarantee

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4 KudoZ points awarded for this answer. Comment: "thanks for your help!"
3 hrs

template or sample text for bank guarantee

template or sample text for bank guarantee is attached as exhibit

sources:

Bank guarantees | UBS Switzerland
https://www.ubs.com › ... › Bank guarantee
Download templates and sample texts for guarantees.

How to get the most from bank guarantees | Nordea
https://insights.nordea.com/.../how-to-get-the-most-from-ban...
10 sept. 2016 - Bank guarantees are a simple but powerful instrument for de-risking nearly ... For example, take one common form of guarantee, the advance payment guarantee. ... A: Quite often the guarantee wording and the terms and conditions ... That's why we recommend using our standard guarantee templates as a ...

allNETT User Guide - Nordea
https://www.nordea.com/Images/.../TFG-Quick-guide-Guarantee....
3.2.1 Payment Instructions for Outgoing Guarantee . ..... As explained above, in case a message is received from the Advising Bank requesting to extend a guarantee and if ... Generate a draft of the outgoing SWIFT message in the notepad text format. Cancel ..... Select a Guarantee from the Nordea Template Library (new).

Sample standby D/C - Danske Bank
https://danskebank.com/en-uk/ci/.../sample-standby-DC.aspx
Sample standby D/C. ... This standby letter of credit is available with Danske Bank A/S, Copenhagen, by payment against presentation of ... Guarantees (533 KB)
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