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The Bank Guarantee Lost Original document is essential when an original bank guarantee has been misplaced, lost, or destroyed, and a replacement is required to maintain business continuity. This document type is commonly used in Canadian banking practice when holders of bank guarantees need to secure a replacement while protecting the bank from potential duplicate claims. It must comply with federal banking regulations, including the Bank Act and provincial security laws, and typically includes detailed information about the original guarantee, circumstances of loss, search efforts conducted, and indemnification commitments. The document serves as both a legal declaration and a formal request, incorporating necessary safeguards against potential fraud while facilitating the replacement process. It's particularly relevant in situations involving international trade, construction projects, or other business transactions where bank guarantees are essential for contractual obligations.

1. Bank Details and Reference: Full name and address of the issuing bank branch, reference numbers, and date

2. Declarant Information: Full legal name, address, and contact details of the person/entity declaring the loss of the bank guarantee

3. Original Guarantee Details: Complete details of the lost bank guarantee including guarantee number, issue date, amount, beneficiary details, and purpose

4. Loss Declaration: Formal statement describing the circumstances of loss, including last known location and date of discovery of loss

5. Search and Efforts: Description of efforts made to locate the original guarantee and confirmation that it cannot be found

6. Non-Transfer Confirmation: Declaration that the original guarantee has not been transferred, assigned, or encumbered

7. Indemnity Statement: Commitment to indemnify the bank against any claims or losses arising from the issuance of a replacement guarantee

8. Request for Replacement: Formal request for the issuance of a replacement guarantee

9. Authentication: Space for signature, witness details, and notarization