SWIFT MT799

BANK COMMITMENT LETTER

 

Date:

To:

(Name of Bank):

(Address of Bank):

Telex:

SWIFT:

Telephone number:

Fax number: Name of account

holder

Bank Account No:

Subject:                                     Letter of Bank Commitment

Contract No: Description:

We confirm that our client, .......................................................... , has submitted to us a copy

of the above mentioned contract No: ...............................................  and is ready, willing and

able to perform on                 the contract for the purchase of xxx,000MT                           of

......................................... as per the specification of the contract.

We Confirm to issue Irrevocable, transferable, Confirmed, Standby Letter of Credit as per the contract terms for the amount of US$xxx00,000.00 to the beneficiary of --------------------------------- on behalf of our client,

................................................ LTD upon receipt of the confirmation of Proof of Product and

operative PB, on the above mentioned contract (Contract No.:                                            ).
The validity of the SBLC shall be for an effective period of XXXXX months

Bank Officer, Name, Signatory & Bank Seal SWIFT NO.

TEL. NO.

FAX. NO

Signed and sealed

(Title)