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Demiton

Bank guarantee

Bank guarantees and other security instruments given or held under a contract.

Part of Counterparties in the register catalog.

Register ID
bank_guaranteeUse this name to ask for the register. The API calls it a shelf ID.
Each record is
A stateThe current value of something, replaced when it changes.
Status
PlannedDefined ahead of the connector that will fill it.
Data
OrganisationPrivate to each organisation's own workspace.
Version
v1Current version.

Standards

This register holds records these standards and laws ask for. Holding them does not by itself certify compliance.

  • AS 4000General conditions of contractAustralia · Clause 5.4

Connectors

Connected today

Demiton keeps this register current from these systems now.

No system fills this register yet.

On the roadmap

Systems in the planned connector rollout that can fill this register. Partial means the system holds only some of its fields.

None planned yet.

Fields

19 fields: 5 required, 14 optional.

Required

Every record carries these fields.

source_systemText

Which bound system emitted the row.

directionText

Whether the tenant gave the guarantee or holds one given to it.

counterpartyText

The other party to the contract the guarantee secures.

issuerText

The financial institution that gave the undertaking.

amountMoney amount

The most the issuer will pay on demand.

Optional

Present when the source system records them.

external_idText

The source's own record id.

currencyText

The currency of the amount.

issued_onDateYYYY-MM-DD

The date on the undertaking.

contract_referenceText

The contract the guarantee secures.

projectText

The project the secured contract is for.

subcontractText

The subcontract the guarantee secures, when the tenant holds it.

security_kindText

Which tranche the guarantee is, e.g. completion or post-completion.

security_formText

The form of security the contract required.

reduction_on_practical_completionDecimal numberUnit: percent

How much of the security falls away at practical completion.

release_triggerText

The event after which the guarantee must be returned.

expires_onDateYYYY-MM-DD

When the undertaking lapses, if it has an expiry.

statusText

Whether the guarantee is held, reduced, called on or returned.

returned_onDateYYYY-MM-DD

When the guarantee was returned.

Use this contract

The contract is a standard JSON Schema (draft 2020-12) document, so any JSON Schema validator can check a record against it. Keywords starting with x-demiton- add Demiton's own meaning, such as units and requiredness, and validators ignore them.

Schema URL
https://docs.demiton.io/registers/bank_guarantee/v1.json
Show the full JSON Schema

Loading the schema…

Talk to the team

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