SMC

Bank Letter

Bank Letter of Guarantee

All business and personal checks over $1,000 must be accompanied by a bank letter of guarantee.

Sample Bank Letter of Guarantee

The following is an example of a bank letter of guarantee.   All bank letter of guarantee must be an original and on your bank's letter head.                               
 
 
Date of Letter
 

TO:
SMC, LLC
1287 W Avenue
Ames, IA  50014

This letter will guarantee any check written by (insert name of Company or Personal Name that appears on the check.)  This guarantee is good for any amount up to (insert $ amount of guarantee) and is good for a period of up to 30 days after the date of the sale being held on (insert date of auction).
 
Written Name of Bank Official &
Signature of Bank Official
Telephone Number of Bank Official

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