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Financial Policies Dich Vu Tai Chanh Chuyen Nghiep
Project & Commodity Financing PROFESSIONAL FINANCIAL SERVICES
Procedures & Documents Services Financiers Professionnels
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Professional Advice & Introduction: Commodity Financing. Project Funding. Self-Liquidating Loans. Assets Management. High Yield Investment Programs. Discounting Documents PN,L/C,SL/C,BG. Banking and Insurance Documents. Secured Financial Procedures. Doc.Texts. Transactions of Precious Stones, Metals. Asset Management
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SPECIAL WORDING TEXTS
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Documents in relation with Cash Funds/ Bank Documents/ Assets
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AUTHORIZATION TO OBTAIN A CREDIT LINE (NO.72)ON INVESTOR’S LETTERHEAD
---------------------------------------------------------------------------------------------------------- AUTHORIZATION TO OBTAIN A CREDIT LINE
Between:
Company: ____________________________
Address: ____________________________
____________________________
Represented by: ___________________(Title)_____
And:
Trading Co.: ____________________________
____________________________
____________________________
Represented by: ___________________(Title)_____
We, __(Company)_________, represented by M._____________, (Title)_____ exclusively authorizes _______(Company)____ to obtain a Cash Backed Credit Line against the herein mentioned ___(bank Document)____ issued by Citibank, Singapore in the amount of ______________________ United States Dollars (_____,000,000.00 USD).
Both parties hereby fully agree that the cash backed credit line will be between _____% and _____% of face value less ____% to ____% for processing and application fees.
It is further agreed that ___(Company)__ will arrange for and open a bank account in ___(Trading Bank)___ for and on behalf of the owner to lodge the credit line. The credit line will be for the purpose of entering into a buy/sell transaction as outline in the Management and Investment Agreements.
Both parties hereby attest and agreed this __th day of _____ 200_.
Investor Trading Co.______________________
____________________________ _______________________________
M._____________________ M.__________________________
Title:___________________ Title:________________________
Passport No.: ___________ Passport No.: ________________
Country of Issue: _________ Country of Issue: ______________
CONFIRMATION OF ISSUING BG/ SLC
(On Letterhead of Company)
TO WHOM IT MAY CONCERN
Date: _____________________
We, __________________(Company), Address:_______________________________ ________________ represented by M._______________________, (Title)___________, Passport No.____________, date of issue:_____________, date of expiry:___________, issued by__________________, hereby confirm, with full responsibility and under penalty of perjury, that our Bank, __________________, Address:_________________________ __________________________ will issue a Bank Guarantee/ Standby Letter of Credit in the Amount USD.____________ (in words:____________________________________, to secure the Credit/Cash agreed to us by any entities, private Lenders or Banks.
The Bank Guarantee/ Standby Letter of Credit will be issued and SWIFTED bank to bank.
Sincerely yours
FOR AND ON BEHALF OF__________________________
___________________________ (Name & Title)
BANK LETTER OF COMFORT
(On Bank's Leeterhead)
To: ____________________________(Company)
Owner of Bank Account No.______________
Date: _____________________
This letter is to confirm to you that on the basis of your assets deposited in the Account No._________________ in our Bank, we are ready to issue Bank Guarantee/ Standby Letter of Credit in the Amount USD.________________ (in words:___________________ ________________________________) for your own use.
Sincerely yours
FOR AND ON BEHALF OF__________________________
Authorized Bank Officer 1 Authorized Bank Officer 2
___________________________ _________________________
(Name & Title) (Name & Title)
(Wording Text)
BANK GUARANTEE
(On Bank's Letterhead)
GUARANTEE NO.: __________________
CURRENCY: _________________________________
AMOUNT: __________________
DATE OF ISSUE: __________________
DATE OF MATURITY: __________________
ISSUING BANK: _________________________________
BENEFICIARY: _________________________________
FOR VALUE RECEIVED, WE, THE UNDERSIGNED,____________________________, ADDRESS:___________________________________, HEREBY CONFIRM UNDER PENALTY OF PERJURY WITH FULL BANK AUTHORITY AND RESPONSIBILITY, AND IRREVOCABLY AND UNCONDITIONALLY WITHOUT PROTEST AND NOTIFICATION PROMISE AND GUARANTEE TO PAY AGAINST THIS BANK GUARANTEE TO THE ORDER OF___________________, OR OF (HIS, HER, ITS) ASSIGNS THE BEARER OR HOLDER THEREOF AT MATURITY THE SUM OF________________(IN WORDS: _______________________IN THE LAWFULL CURRENCY OF___________________,
UPON PRESENTATION AND SURRENDER OF THIS BANK GUARANTEE AT THE OFFICE OF_____________________________, ADDRESS:______________________ _______________________________.
SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF AND CLEAR OF ANY DEDUCTION CHARGES, FEES OR WITHHOLDING OF ANY NATURE NOW AND HEREIN AFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY GOVERNMENT OF_______________________, OR ANY POLITICAL SUBDIVISION OF AUTHORITY THEREOF OR THEREIN.
THIS GUARANTEE IS ASSIGNABLE, DIVISABLE AND TRANSFERABLE WITHOUT PRESENTATION TO US AND WITHOUT THE PAYMENT OF ANY TRANSFER FEE.
THIS GUARANTEE IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDIT (LATEST VERSION) OF INTERNATIONAL CHAMBER OF COMMERCE (ICC) PUBLICATION NO.500.
THIS GUARANTEE SHALL BE GOVERNED BY AND SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF __________________ AND OF SWITZERLAND.
THIS IS OPERATIVE INSTRUMENT.
FOR AND ON BEHALF OF__________________________
AUTHORIZED BANK OFFICER 1 AUTHORIZED BANK OFFICER 2
___________________________ ___________________________
(NAME & TITLE) (NAME & TITLE)
(Wording Text)
STANDBY LETTER OF CREDIT
(On Bank's Letterhead)
STANDBY LETTER OF CREDIT NO.: __________________________________
SCREEN NUMBER: __________________________________
CURRENCY: __________________________________
AMOUNT: __________________________________
DATE OF ISSUE: __________________________________
DATE OF MATURITY: __________________________________
ISSUING BANK: __________________________________
BENEFICIARY: __________________________________
WE HEREWITH OPEN OUR STANDBY LETTER OF CREDIT NUMBER_____________ AS FOLLOWS:
WE,__________________________, ADDRESS:_______________________________ HEREBY IRREVOCABLY AND UNCONDITIONALLY WITHOUT PROTEST AND NOTIFICATION, PROMISE TO PAY AGAINST THIS STANDBY LETTER OF CREDIT NUMBER_____________ IN FAVOR ________________________________ OR THE HOLDER THEREOF AT MATURITY, IN LAWFUL CURRENCY OF _________________ THE SUM _______________ (IN WORDS: ____________________________________ UPON SURRENDER AND PRESENTATION TO US THE ORIGINAL OF THIS STANDBY LETTER OF CREDIT AT THE COUNTER ON MATURITY DAY, BUT NOT LATER THAN ONE YEAR AND ONE DAY.
SUCH PAYMENT WILL BE MADE WITHOUT SET-OFF AND CLEAR OF ANY DEDUCTION FEES OR WITHHOLDING OF ANY NATURE, NOW OR HEREIN AFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE GOVERNMENT OF________________________ OR ANY POLITICAL SUBDIVISION OF AUTHORITY THEREOF OR THEREIN.
THIS STANDBY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE RULE FOR THE STANDBY LETTER OF CREDIT UNDER PUBLICATION NUMBER 500, AS APPLICATION INTERNATIONAL CHAMBER OF COMMERCE (ICC) AND SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE LAW OF________________________________AND OF SWITZERLAND.
THIS IS AN OPERATIVE INSTRUMENT.
FOR AND ON BEHALF OF__________________________
AUTHORIZED BANK OFFICER 1 AUTHORIZED BANK OFFICER 2
___________________________ ___________________________
(NAME & TITLE) (NAME & TITLE)
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