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

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Bank Letter of Guarantee Format For Online Buyers

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) by E-transfer or Wire Transfer. Letters must be written on Bank letterhead with the following info.

Bank Letter Format - Canadian Bidders

Date: Date of Letter

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

Re:
Bidder's Name
or Bidder's Name and Company Name
Complete Address and Phone Number


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

OR that
[BANK NAME] will honour/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 and Title
Bank Address
Bank Officer Direct Telephone Line Number



Bank Letter Format - FOREIGN BIDDERS

Date: Date of Letter

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

Re:
Bidder's Name
or Bidder's Name and Company Name
Complete Address and Phone Number


This letter shall serve as your notification that
[BANK NAME] will honour/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 and Title
Bank Address
Bank Officer Direct Telephone Line Number