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What is the Deed of Guarantee?

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What is the Deed of Guarantee?

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Question: What is the Deed of Guarantee? Answer: The Deed of Guarantee is a contract between the national Customs authorities and the national TIR issuing and guaranteeing Association. The Deed of Guarantee specifies the maximum amount of the guarantee per TIR Carnet to be issued by the association in accordance with Article 8 of the TIR Convention. The Deed of Guarantee forms part of the authorisation of the national Association by the national Customs authorities.

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