Termination of Future Guarantee Template

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Termination of Future Guarantee Letter

[DATE]

Dear [RECIPIENT NAME],

Good day!

This is a letter regarding the guarantee that I, [NAME], am currently under as of [DATE]. I deposited the said Guarantee at [BANK NAME] and proceeded with agreements made under the obligor named [NAME].

In line with the guarantee rules and regulations agreed upon, I would like to notify you that effective [DATE 1], I am terminating all future commitments and obligations associated with the Guarantee mentioned in the previous paragraph.   

Thank you for your time and consideration. If you have any questions, please contact me at [YOUR PHONE NUMBER] or email [YOUR EMAIL ID].

Regards,

[YOUR SIGNATURE]

[YOUR NAME]