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FAX : 29560409 Letters OF INDEMNITY AND BANK GUARANTEE (Undertaking for delivery of cargo without surrender of original bills of lading) To : Hapag-Lloyd (China) Limited. Name of Vessel Voyage No.
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What is letter of indemnity?
A letter of indemnity is a legal document used in business transactions to protect one party from financial loss or legal liability resulting from participating in the transaction.
Who is required to file letter of indemnity?
The party that is requesting or requiring protection from financial loss or legal liability is typically the one that files a letter of indemnity.
How to fill out letter of indemnity?
To fill out a letter of indemnity, you typically need to include details about the transaction, the parties involved, the potential risks or liabilities, and any specific terms or conditions for indemnification.
What is the purpose of letter of indemnity?
The purpose of a letter of indemnity is to provide protection and assurance to one party involved in a transaction, minimizing their risk and potential financial losses.
What information must be reported on letter of indemnity?
The specific information required on a letter of indemnity can vary depending on the transaction and the parties involved, but it may include details such as names and contact information of the parties, description of the transaction, potential risks or liabilities, and any specific terms or conditions for indemnification.
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