Dear Sirs; According to the Amendment Act to the Civil and Commercial Code in relation to the Guarantee and Mortgage, Mizuho has amended (1) Application for Guarantee, (2) Terms and Conditions governing to Guarantee Transaction and (3) Indemnity Letter to be in accodance with the amended law. The amended Terms and Condiitons is beneficiary to the customer when comparing to the previous one (i.e. delete customer's waiving of right).
While Application for Guarantee and Indemnity Letter is designed to reduce customer's burdensome (i.e. when changing of law is occurred). If there is any change to Terms and Conditions, Bank may send registered mail or announcement on website.
We would more appreciate if you could sign the attached latest Indemnity Letter which cover all changing on Terms and Conditions governing to Guarantee Transaction and Remittance (3 pages) and return to Bank ASAP.
Thank you for your interesting to use our new service namely "e-Application" for letter of guarantee issuance. This smart electronic application, is the PDF file format with tips and help pop up including alert function for mandatory information to be filled in before printing which will be support for reducing time preparation and operation process more efficiently.