The demand for payment on the basis of the autonomous guarantee shall take the form of a
written document executed by the beneficiary accompanied by any other document provided
for in the obligation. This demand shall state the duties the principal failed to perform in the
discharge of his obligation with regard to the subscribed guarantee.
The demand for payment on the basis of the autonomous counter guarantor shall take the form
of a written document executed by the guarantor stating that he has received the said demand
from the beneficiary in conformity with the terms of the counter guarantee bond.
A demand for payment shall be in accordance with the terms of the autonomous guarantee or
autonomous counter guarantee regarding the purpose for which it is made and shall, except
otherwise stipulated, be presented in the place of issue of the autonomous guarantee or, in the
case of the autonomous counter guarantee, in the place of its issue.
Official translation
Spot-checked
In force from 15 December 2010
Source page 16