RAIFFEISEN BANK INTERNATIONAL AG ORDER FOR THE ISSUANCE OF A
Am Stadtpark 9
Applicant: I/We herewith instruct you to issue on
my/our behalf the following irrevocable
Account no. of applicant:
Tel.no.: SWIFT / telex
Currency/amount: Valid until:
Type of guarantee:
performance guarantee tender guarantee
advance payment guarantee retention money guarantee
payment guarantee credit line guarantee
warranty guarantee other:
Subject (contract number/tender number/description of goods as per contract/invoice number):
Total order value: Delivery and payment terms:
Wording of guarantee:
no special wording required, use RBI standard wording
no special wording required, use RBI standard wording, subject to URDG 758
use wording as per attached text
use wording as per attached text, subject to URDG 758
A condition in the guarantee will be disregarded by the guarantor if the guarantee does not
specify a document to indicate compliance with this conditions and the fulfilment cannot be
determined from the guarantor's own records or from an index specified in the guarantee (for
details see Art 7 URDG).
Guarantee to be issued as direct guarantee, to be sent to:
beneficiary directly to be advised by following bank, without
commitment on the bank’s side:
Guarantee to be issued as indirect guarantee under your counter guarantee:
by following bank: your correspondent bank
Guarantee to be sent to:
to our representative: will by collected by:
Language(s) of the documents:
All documents specified in and presented under the guarantee shall be in the language
of the guarantee.
Documents specified in and presented under the guarantee, which are not issued by or
on behalf of us or the beneficiary, but by any other person shall be in language
Foreign bank charges are for:
account of beneficiary our account
In case the guarantee is subject to the Uniform Rules for Demand Guarantees (URDG
We herewith confirm that we know the provisions of URDG 758 and we agree with them.
We also confirm that RBI explicitly directed our attention to Article 4 URDG 758 whereby
a guarantee is issued when it leaves the control of the guarantor and is irrevocable on
issue even if it does no state this.
Upon request we can provide you with a copy of URDG 758.
We hereby undertake, explicitly waiving any objection, defense, set-off or counter-claim, to
reimburse you for any payments made by you under or in connection with the guarantee issued
by you in fulfillment of this order, and we agree that you are authorized to debit our account with
you, as specified above, with any such amount as well as all costs, fees, commission and
charges arising in this connection.
In the event that our order is for the issue of the guarantee by a non-Austrian bank, that
guarantee will be subject to applicable laws and regulations in the relevant jurisdiction, and we
agree that RBI does not assume any responsibility for the text of the guarantee as worded by
the relevant bank. Furthermore, we agree that you will not release us from our obligations in
respect of the guarantee before you have been released from your obligations under the
This order is governed by Austrian law and supplemented by the General Terms and
Conditions of RBI.
For any dispute arising in connection with this order you hereby submit to the exclusive
jurisdiction of the competent courts having jurisdiction over Vienna-Innere Stadt, Austria.
Any dispute arising in connection with this order shall be finally settled by arbitration
under the Rules of Conciliation and Arbitration of the Arbitral Centre of the Austrian
Federal Economic Chamber. The tribunal shall consist of one arbitrator to be appointed
pursuant to said Rules. The arbitration proceeding shall take place, and the award shall
be rendered, in Vienna and the proceeding shall be held in English.
date stamp and authorized signature of applicant