The following format is to be used for your Letter of Guarantee:

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Bank Letter of Guarantee Format

To write a personal or business check for purchase(s) against funds drawn on and payable from your financial institution, a Letter of Guarantee must be submitted with your application to approve your desired bid limit and verify available funds and account information. You must pay for purchase(s) with a check written against this account only.  No other checks will be accepted. Letters must be written on Bank letterhead, using the format below.

Bank Letter Format - Canadian Bidders

Date:  Date of Letter

To:    Switzer Auction Service
            Box 2062
            Swift Current, Sk.
            S9H 4M7

Re:     Bidder’s Name
            or Bidder’s Name & Company Name
            Complete Address & Phone & Fax Number
             Name of Auction _______________________________________________
             Date of Auction ________________________________________________
             Item to Bid on __________________________________________________
 

This letter shall serve as your notification that (BANK NAME) will honor/guarantee payment of any check(s) written by (BIDDER NAME) up to the amount of (BIDDING LIMIT).

Or that (BANK NAME) will honor/guarantee transfer of Funds as instructed by (BIDDER NAME) up to the amount of (BIDDING LIMIT) the next banking day following the purchase(s).

This guarantee of check(s) applies only to the Switzer Auction Service for all the purchase(s) made on (DATE OF AUCTION, Year).  No stop payment will be issued.  If further information is needed, please feel free to contact this office.

Sincerely,

Bank Officer Signature

Bank Officer Name & Title

Bank Address

Bank Officer Direct Telephone Line Number

Bank Letter of Guarantee Format

A Letter of Guarantee must be submitted with your application to approve your desired bid limit and verify available funds.

Bank Letter Format - FOREIGN BIDDERS

Date:  Date of Letter

To:    Switzer Auction Service

            Box 2062

            Swift Current, Sk.

            S9H 4M7

Re:     Bidder’s Name

            or Bidder’s Name & Company Name

            Complete Address & Phone & Fax Number
             Name of Auction _________________________________
             Date of Auction __________________________________
             Item to Bid on ___________________________________
 

This letter shall serve as your notification that (BANK NAME) will honor/guarantee transfer of Funds as instructed by (BIDDER NAME) up to the amount of (BIDDING LIMIT) the next banking day following the purchase(s).

This guarantee applies only to the Switzer Auction Service for all the purchase(s) made on (DATE OF AUCTION, Year).  No stop payment will be issued.  If further information is needed, please feel free to contact this office.

Sincerely,

Bank Officer Signature

Bank Officer Name & Title

Bank Address

Bank Officer Direct Telephone Line Number