The First Demand Guarantee (GAPD) is a bilateral agreement between the guarantor and the beneficiary, disconnected from the underlying obligation. The guarantor commits to paying the beneficiary a specified sum of money upon request, without raising any exceptions, objections, or disputes. Whether for a domestic or international beneficiary, where it is often required, the First Demand Guarantee (GAPD) facilitates market access, optimizes cash flow by substituting an immobilized sum of money with a guarantee, or simply guarantees a payment (e.g., supplier, rent) or any other obligation related to a transaction or commercial contract.