Limited companies: a current registered company director must sign this application.

Sole traders: the owner must sign this application.

Partnerships: one of the partners must sign this application.

Charities: a trustee must sign this application.

Other: the person who handles the finances (treasurer/secretary) must sign this application.

Please note you are under a duty to notify us if you change entity and in the event you change entity the signatory shall remain liable for the credit account unless and until an account is set up with the new entity, regardless of whether you have notified us of the change.

To verify the signatory’s identity, we will require a copy of one of the following documents:

• Current photocard driver's licence,
• Current passport, or
• National identity card bearing a photograph of the applicant.

We also require proof of address via a copy of one of the following documents:

• Utility bill (gas, electric, satellite television, landline phone bill) issued within the last three months
• Local authority tax bill for the current council tax year
• Current driving licence (but only if not used for the name evidence)
• Bank, Building Society or Credit Union statement or passbook dated within the last three months
• Original mortgage statement from a recognised lender issued for the last full year
• Solicitors letter within the last three months confirming recent house purchase or land registry confirmation of address

To verify your (signatory’s) identity, we require a copy of one of the following documents:

• Current photocard driver's licence,
• Current passport, or
• National identity card bearing a photograph of the applicant.

We also require proof of address via a copy of one of the following documents:

• Utility bill (gas, electric, satellite television, landline phone bill) issued within the last three months
• Local authority tax bill for the current council tax year
• Current driving licence (but only if not used for the name evidence)
• Bank, Building Society or Credit Union statement or passbook dated within the last three months
• Original mortgage statement from a recognised lender issued for the last full year
• Solicitors letter within the last three months confirming recent house purchase or land registry confirmation of address

In consideration of Guernsey Building Supplies Limited's (GBS) agreement to supply goods on credit to the applicant entity, I irrevocably and unconditionally undertake to guarantee all monies, debts and liabilities of any nature from time to time due, owing or incurred by the applicant entity to GBS (the “Guaranteed Obligations”). This shall include all and any costs of enforcing this guarantee.

I guarantee to the GBS, whenever the applicant entity does not pay any of the Guaranteed Obligations when due, to pay on demand the Guaranteed Obligations.

I, as principal obligor and as a separate and independent obligation and liability from the obligations set out above, agree to indemnify GBS and keep GBS indemnified in full and on demand from and against all and any losses, costs, claims, liabilities, damages, demands, and expenses suffered or incurred by GBS arising out of, or in connection with, the Guaranteed Obligations not being recoverable for any reason or any failure of the applicant entity to perform or discharge any of its obligations or liabilities in respect of the Guaranteed Obligations.

This guarantee is and shall at all times be a continuing security and shall cover the ultimate balance from time to time owing to GBS by the applicant entity in respect of the Guaranteed Obligations.

GBS shall not be obliged, before taking steps to enforce any of its rights and remedies under this guarantee, to take any action against the applicant entity or any other person.

This guarantee is in addition to and shall not affect nor be affected by or merge with any other judgement, security, right or remedy obtained or held by GBS from time to time for the discharge and performance of the applicant entity of the Guaranteed Obligations.

I shall pay interest to GBS after as well as before judgement at the annual rate which is 4% above the base rate of The Bank of England on all sums demanded under this guarantee from the date of demand by GBS or, if earlier, the date on which the relevant damages, losses, costs or expenses arose in respect of which the demand has been made, until, but excluding, the date of actual payment.

Interest shall accrue on a day-to-day basis and be calculated by GBS on such terms as GBS may from time to time determine and shall be compounded on the last business day of each month.

This guarantee and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation is governed by, and will be interpreted in accordance with, the law of England and Wales and is subject to the exclusive jurisdiction of the courts of England and Wales.

I understand the initial credit limit may change from time to time. I agree that any financial obligations due or owed after any change in credit limit granted by GBS to the applicant entity are covered by this guarantee. I understand to opt out of this guarantee, the account must be paid up to date and a new guarantor must be approved by GBS as a suitable replacement. Written confirmation of my removal as guarantor will be provided by GBS, but I will remain liable up to removal confirmation.

• I/we make this application to open a credit account with Guernsey Building Supplies Limited (GBS).
• I/we confirm that the details provided are complete and accurate.
• I/we understand that I/we must inform GBS of any changes that may affect the account, including (but not limited to) any change of address, as soon as possible.
• I/we understand that in order to process any credit account applications, GBS will supply personal information to credit reference agencies (CRA’s). CRA’s will pass GBS information about the applicant/directors/owners/organisation, such as financial history. GBS does so to assess creditworthiness, check identity, manage accounts, trace, and recover debts and prevent criminal activity. GBS will also continue to exchange information about accounts with CRA’s on an ongoing basis, including about settled accounts and any debts not fully repaid on time. CRA’s may share your information with other organisations.
• I/we understand that GBS will also deal with all data relating to this application in line with general data protection regulations and data may be shared with organisations and the police for the purpose of detecting and preventing fraud.
• I/we understand that payment is due promptly at the end of the month following the date of delivery or deemed delivery. If granted credit, I/we agree to pay in accordance with GBS Terms and Conditions. I/we understand that accounts with late payments may be closed, and monies owed but not paid may be sought by legal means.
• I/we understand and agree to the GBS Terms and Conditions – available for viewing upon request – the Personal Guarantee (if applicable), and these Declarations.
   

By signing, I state that I have read and understood GBS Terms and Conditions and the above declarations.