Submission of Guarantee cheque against Advance payment

Submission of Guarantee cheque against Advance payment

REF: No. XXX/1014/AA/2021/01

Date: XXX

Office No. XXX, Sobha Ivory 2, Business Bay

P.O. Box XXX, Dubai, UAE

Project: Residential Villa (G+1) & Pump Room Block, On Plot No. XXX at Al Barari – Dubai, UAE for Mr. XXX

Subject: Submission of Guarantee cheque against Advance payment

Dear Sir,

With reference to the above referred project, as per the payment terms of the contract we are submitting here with our cheque no. XXX open dated for AED XXX (AED XXX and 00/100 only) drawn on Emirates NBD, Main Branch, as guarantee for 10% advance payment.

This cheque is issued as a Guarantee check. The cheque must be returned back to us once the advanced is fully recovered.

Kindly acknowledge the receipt by signing on the attached copy of this letter and the copy of the cheque.

Yours Sincerely,      

M/S. XXX Building Contracting                                              M/S. XXX Architectural & Engineering

L.L.C. – Dubai, UAE                                                                      Consultancy – Dubai, UAE

By: ________________                                                              By: __________________

Mr. XXX                                                                      Mr. XXX

XXX– Managing Director                                                        XXX– Managing Partner                                                                                                                                          

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