20. A beneficiary presents a demand and a statement indicating the respect in which the applicant is in breach of its obligations under the underlying transaction. Your guarantee has been issued on the strength of a counter-guarantee issued by Middle East Pacific Bank. The demand is complying and you effect payment to the beneficiary. You claim under the counter-guarantee by: sending them your simple demand for payment sending them your simple demand for payment and a statement that you received a complying demand under the guarantee sending them your simple demand for payment and a copy of the statement given to you by the beneficiary proving to them that you have paid the amount claimed by the beneficiary. Do not know