III.1.2. Forms that the guarantee takes

Article 11 and Article 55(a) of Appendix I to the Convention

Article 89, paragraph 5, and Article 92, paragraph 1, of the UCC

The guarantee may be provided by cash deposit or by bail. It must be individual, when it covers a single transit operation, or global, when it covers several. Individual guarantee through surety can take the form of securities issued by the guarantor to the holders of the regime and the form of a commitment by the guarantor. The use of the global guarantee constitutes a simplification of the ordinary rules and therefore requires authorization.