Sample Verbiage for Bank Letter
of Credit
To Whom It May Concern:
This letter will serve as your notification that
(bank name) will IRREVOCABLY HONOR AND GUARANTEE
payment of any check(s) written by (Customer's name)
for up to (Dollar amount of maximum bid total)
Dollars ( $ ) drawn on account number (account
number) and payable to Ahrens & Niemeier Auction
Service, LLC. This GUARANTEE is for the purpose of
our customer purchasing items sold at Public Auction
on (auction date here).
Bank Information & Officer Signature
