Individual guarantee letter 

Use this document: 

• To guarantee any debt, in Swiss francs or foreign currency.
• Whether the guarantee covers a definite debt, specific debts or indefinite future debts, up to the overall guarantee limit.
• Whether or not the guarantee is subject to the debtor’s counterclaims and defences.

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Use the following options to optimise the warranty conditions: 

• Capping of the total guarantee amount. 
• Additional cover for execution costs, penalties, and interest for late payment, up to the maximum limit. 
• Transferability of the guarantee to any assignee of the debt if assigned by the creditor. 
• Grace period during which the creditor must sue the debtor before the guarantee, and deadline for the validity of the guarantee. 
• Possibility of raising the same exceptions or objections that the debtor could raise against the creditor (dependent guarantee).