0% found this document useful (0 votes)
519 views5 pages

SBLC Rwa JMR Solutions LTD 20220318

The document is a draft final SWIFT MT760 message from HSBC Hong Kong to JRM Solutions Ltd providing details of an irrevocable standby letter of credit for $1 billion USD. The letter of credit is being issued at the request of Grand Treasure International Investment Limited as security for a credit facility between JRM Solutions and PT JRM Solutions. HSBC confirms its readiness, willingness, and ability to deliver the standby letter of credit for one year and one day upon instruction.

Uploaded by

Pedro Gonzalez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
519 views5 pages

SBLC Rwa JMR Solutions LTD 20220318

The document is a draft final SWIFT MT760 message from HSBC Hong Kong to JRM Solutions Ltd providing details of an irrevocable standby letter of credit for $1 billion USD. The letter of credit is being issued at the request of Grand Treasure International Investment Limited as security for a credit facility between JRM Solutions and PT JRM Solutions. HSBC confirms its readiness, willingness, and ability to deliver the standby letter of credit for one year and one day upon instruction.

Uploaded by

Pedro Gonzalez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 5

18/03/2022 HSBC DRAFT FINAL

---------------------------------------------------

MESSAGE HEADER

SWIFT INPUT : MT/760HSBCHKHHH20221803-4566 FIN 760 GUARANTEE/STANDBY LETTER OF

CREDIT SENDER : HSBCHKHHHKH


THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED,
HK

RECEIVER : JRM SOLUTIONS LTD, REPUBLIC OF TRINIDAD AND TOBAGO


--------------------------- MESSAGE TEXT --------------------------

MT760 STANDBY LETTER OF CREDIT

TO: INSTITUTION: JRM SOLUTIONS LTD


BANK NAME: BANK OF AMERICA N.A.
ACCOUNT: 488060481498
ABA ROUTING: 111000025
SWIFT: BOFAUS3N
BANK ADDRESS: 1904 CENTRAL DR BEDFORD, TX, 76021
MAILING ADDRESS: 2200 MURPHY DR APT 1101 BEDFORD TX.
NAME OF OWNER: JORLEN RAMON ROMERO MAURERA
PASSPORT: 111002689
NATIONALITY: VENEZUELA

27: SEQUENCE OF TOTAL


1/1

20: TRANSACTION REFERENCE NUMBER


MT/760HSBCHKHHH20221803-4566

23: FURTHER IDENTIFICATION 4566

30: ISSUE DATE


18/03/22

40C: APPLICABLE RULES


LATEST REVISION OF INTERNATIONAL STANDBY PRACTICES ISP 98, ICC PUBLICATION NO.590

77C: DETAILS OF STANDBY LETTER OF CREDIT

TYPE OF SBLC – IRREVOCABLE STANDBY LETTER OF CREDIT DATE AND PLACE OF EXPIRY : 18/03/2022 . HONGKONG
APPLICANT: GRAND TREASURE INTERNATIONAL INVESTMENT LIMITED, CENTRAL, HONG KONG MATURITY: 18/03/2023
BENEFICIARY NAME: JRM SOLUTIONS LTD CURRENCY AMOUNT: EUROS (€) 1000,000,000.00 EUR

ACCEPTABLE STANDBY LETTER OF CREDIT

WE THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, HONGKONG HEREBY ISSUE THIS
IRREVOCABLE AND UNCONDITIONAL STANDBY LETTER OF CREDIT NO.: 20221803-4566 DATED:18/03/22, FAVORING YOURSELVES, JRM SOLUTIONS LTD
(“YOU”, OR THE
“BENEFICIARY”) AT THE REQUEST OF PT. JRM SOLUTIONS LTD, REPUBLIC TRINIDAD AND TOBAGO (THE “BORROWER”)
AS SECURITY FOR CREDIT FACILITY (THE “CREDIT FACILITY”) EXTENDED BY YOU TO THE BORROWER, PURSUANT TO
THE CREDIT AGREEMENT DATED:18/03/33, BETWEEN YOU AND THE BORROWER
(HEREINAFTER THE CREDIT AGREEMENT AND ANY OF ITS AMENDMENT, SUPPLEMENT AND ADDITION SHALL BE REFERRED AS TO THE “CREDIT
AGREEMENT”).
OUR LIABILITY TO YOU UNDER THIS STANDBY LETTER OF CREDIT SHALL NOT EXCEED EUR (€) 1000,000,000.00 (BILLION EUROS).

THIS STANDBY LETTER OF CREDIT IS AVAILABLE FOR PAYMENT BY US UPON RECEIPT OF YOUR FIRST WRITTEN DEMAND BY AUTHENTICATED SWIFT CLAIMS
TO US IN WHICH THIS DEMAND MUST BE ACCOMPANIED BY YOUR STATEMENT INDICATING OUR STANDBY LETTER OF CREDIT NUMBER AND AMOUNT
CLAIMED AND CERTIFYING THAT THE BORROWER HAS NOT HONOURED YOUR REQUEST FOR REPAYMENT AND THAT YOUR CLAIM REPRESENTS THE
UNPAID AMOUNT INCLUDING INTEREST DUE AND OWING TO YOU UNDER THE CREDIT AGREEMENT.

MULTIPLE AND PARTIAL DRAWINGS ARE PERMITTED, HOWEVER, IN ANY EVENT NOT EXCEEDING OUR GUARANTEE AMOUNT AS STATED ABOVE.
READY, WILLING AND ABLE (RWA) LETTER

Date: March 18, 2022

Our Reference: Transaction Code:


RWA-SBLC-1 MT/760HSBCHKHHH20221803-4566
Attention:
HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, THE

We, HSBC HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, THE, represented by the undersigned
officers hereby irrevocably and unconditionally confirm our readiness, willingness and ability to deliver an
assignable, divisible, transferable Standby Letter of Credit (SBLC) with a face value of one billionEuro (EUR
1000.000,000.00) on behalf of our client JRM SOLUTIONS LTD with account number 1498 for the benefit of your
client for a pu of one (1) year and one (1) day.

We confirm that the Standby Letter of Credit is good, clean, cleared, and free of any liens and encumbrances, of
non-criminal origin and from legal sources.

We further confirm that upon our client's instruction, the Standby Letter of Credit shall be transmitted via SWIFT
MT-760, followed by hard copy via bended Courier.

SNG BANK

___________________________
AUTHORISED BY: BRIAN ADANS
TLF: +13479901739/ MASTER: +18009754722

You might also like