Sample Bank Letter of Guarantee Bank Name Bank Address Name of contact person Date: _________ To Whom It May Concern at Land Auction Service: "Mr. (Customer Name) is a customer in good standing at our bank. We will guarantee the payment of checks on his account (account number) up to (specify amount) dollars for purchase at your auction in (Auction Location) on (Auction Date). We hereby agree that NO stop payment will be issued in conjunction with this letter." Land Auction Service will require a Bank Letter of Guarantee to be faxed (239-936-0441) or e-mailed (email@example.com).
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