(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
LETTER OF INTENT
TO: THE PROVIDER
Through: (THE PROVIDER AGENCY).
Subject: LETTER OF INTENT TO BUY BANK SECURITIES.
WE, (COMPANY CLIENT NAME), (hereinafter referred to as “CLIENT”) HEREBY CONFIRM
WITH FULL INDIVIDUAL AND LEGAL RESPONSIBILITY UNDER PENALTY OF PERJURY,
THAT WE–TOGETHER WITH OUR PARTNERS AND ASSOCIATES - ARE READY TO
PURCHASE WITH GOOD, CLEAN CLEARED FUNDS OF NON- CRIMINAL ORIGIN
THROUGH OUR BANKING SOURCE, THE FOLLOWING BANK INSTRUMENT(S) UNDER
THE TERMS AND CONDITIONS STATED HEREIN:
SPECIFICATION OF INSTRUMENT:
BANK INSTRUMENT: FRESH CUT SBLC
ISSUING BANK: HSBC HOLDINGS PLC
TOTAL AMOUNT: USD 1,500,000,000.00 (ONE BILLION FIVE HUNDRED MILLION
UNITED STATES DOLLAR)
FIRST TRANCHE: USD 500,000,000.00 (FIVE HUNDRED MILLION US DOLLAR)
ISIN CODE: XS1481811872
CURRENCY: USD
MATURITY: ONE YEAR + ONE DAY
COMMISSION/FEE: TOTAL OF TWO PERCENT (2%),
PAID BY THE CLIENT TO THE INTERMEDIARIES AS IN THE FPA.
CALL OPTION: 0,075% OF TOTAL PER TRANCHE AMOUNT (*CLAUSE NO.5)
€375,000.00 (THREE THOUSAND SEVENTY-FIVE EURO),
(THIS CALL OPTION ONLY FOR 1 TRANCHE)
AND NOT REFUNDABLE
ADDITIONAL SERVICE: -
TRANSACTION MODE: STANDARD DVP.
TRANSACTION PROCEDURES:
1. CLIENT SUBMITS LETTER OF INTENT PURCHASE OF BANK SECURITIES (THIS
DOCUMENT), PASSPORT COPY OF SIGNATORY, CLIENT INFORMATION SHEET, FPA.
2. PROVIDER WILL ACCEPT THE LETTER OF INTENT AND SENT THE ACCEPTED
COUNTERSIGNED BACK TO CLIENT.
3. PROVIDER WILL ALSO ISSUE THE DULY SIGNED LOI PURCHASE OF BANK
SECURITIES, WHICH CLIENT WILL COUNTERSIGN AND SEND BACK TO PROVIDER.
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
4. ONLY AFTER ACCEPTING AND COUNTERSIGNING THE LETTER OF INTENT BY THE
CLIENT, AND SENDING IT TO THE PROVIDER, ONLY THEN THE PROVIDER WILL
ISSUE AND CLIENT WILL RECEIVE THE PRO-FORMA INVOICE FOR
THE "CALL OPTION" PAYMENT.
5. CLIENT WILL COVER THE "CALL OPTION" EXPENSES TO THE STOCK EXCHANGE
OPERATOR IN AN AMOUNT EQUAL 0.075% OF THE FIRST TRANCHE / AGREEMENT
MINIMUM OF €150,000 (ONE HUNDRED FIFTY THOUSAND EURO) FOR ANY FIRST
TRANCHE/AGREEMENT AMOUNT SMALLER THAN 100 MILLION USD/EUR) WILL BE
AS PER THE PRO-FORMA INVOICE SENT AFTER COUNTERSIGNING LOI PURCHASE OF
BANK SECURITIES.
WITHIN A MAXIMUM OF THREE (3) WORKING DAYS, OTHERWISE THIS LOI
PURCHASE OF BANK SECURITIES WILL BE CONSIDERED VOID.
6. UPON RECEIPT OF THE "CALL OPTION" DEPOSIT, PROVIDER WITHIN THREE (3)
DAYS WILL RESERVE THE BANK INSTRUMENT IN FAVOR OF THE CLIENT FOR
TWENTY-ONE (21) CALENDER DAYS AT LEAST.
7. FOLLOWING THE RESERVATION OF THE BANK INSTRUMENT, THE PROVIDER WILL
IMMEDIATELY SEND A CERTIFIED CORPORATE INVOICE WITH DEED OF
ASSIGNMENT, BOND POWER, BUY & SELL TICKETS, ASSIGNMENT LETTER, WITH
EUROCLEAR/CLEARSTREAM INFORMATION, AND CUSTODIAL REPORT, ON
SCREEN REPORT UNDER THE NAME OF THE CLIENT, WHICH WILL ENABLE THE
CLIENT’S BANKER TO AUTHENTICATE AND VALIDATE THE INSTRUMENT.
8. ONCE BANK-TO-BANK COMMUNICATION IS SET, SELLER’S BANK WILL CONFIRM
TO HAVE THE SECURITY READY AND CLIENT’S DESIGNATED RECEIVING BANK
CONFIRMS AVAILABILITY OF FUNDS (IN ANY FORM OF CASH DEPOSIT OR CREDIT
LINE), THEN TRANSACTION WILL BE CLOSED ON DVP BANK TO BANK BASIS
THROUGH SWIFT OR CLEARING COMPANY (BLOOMBERG OR SIMILAR) AS WILL BE
AGREED BETWEEN THE ABOVE-MENTIONED BANK OFFICERS, WITHIN THE CALL
OPTION PERIOD 21 (TWENTY-ONE) CALENDER DAYS.
9. AFTER VERIFICATION AND AUTHENTICATION OF THE INSTRUMENT, CLIENT’S
DESIGNATED RECEIVING BANK MOVES FIRST BY ISSUING BPU VIA CONDITIONAL
SWIFT MT-103, OR SWIFT MT-799 BPU, OR RECEIVE AGAINST PAYMENT VIA SWIFT
MT-541 TO DESIGNATED ESCROW ACCOUNT ACCORDING CORPORATE INVOICE ONLY
AFTER STEPS NUMBER SEVEN & EIGHT & NINE (7+8+9) ALREADY DONE
SUCCESSFULLY WITH POSITIVE RESULTS.
10. ONCE GET THE INSTRUCTION FROM THE CLIENT, THE SELLER/PROVIDER WILL
INSTRUCT HIS DEPOSITORY/CUSTODIAN/ISSUING BANK TO DELIVER SWIFT WIRE
MT-760 TO CLIENT’S DESIGNATED RECEIVING BANK.
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
11. CLIENT WILL PAY THE COST AND ALL COMMISSION SIMULTANEOUSLY WITHIN
THREE TO FIVE (3-5) BANKING DAYS, TO THE DESIGNATED BANK ACCOUNT OF THE
SELLER/PROVIDER AS STATED IN THE CORPORATE INVOICE.
12. WITHIN SEVEN (7) BANKING DAYS, SELLER/PROVIDER WILL SEND THE HARD
COPY TO CLIENT’S DESIGNATED RECEIVING BANK.
NOTE: IF THE CLIENT NEED PRE-ADVICE VIA SWIFT MT-799, IT WILL BE DONE BY
THE PROVIDER BANK WHICH WILL INCUR AN ADDITIONAL TRANSMISSION COST
OF €170,000.00 (ONE HUNDRED SEVENTY THOUSAND EURO) AND THIS
TRANSMISSION COST IS NOT REFUNDABLE.
*AND IF THE CLIENT USING PRE-ADVICE VIA SWIFT MT-799. THERE WILL BE 2
(TWO) INVOICES FOR CALL OPTION FEE (NOT REFUNDABLE) AND TRANSMISSION
COST FOR PRE-ADVICE SWIFT MT-799 (NOT REFUNDABLE).
CLIENT CALL OPTION PAYING BANK:
BANK’S NAME:
BRANCH:
STREET ADDRESS:
CITY/ STATE/ ZIP CODE:
TELEPHONE NUMBER:
SWIFT CODE:
BANK OFFICER NAME:
BANK OFFICER EMAIL:
ACCOUNT NAME:
ACCOUNT NUMBER:
IBAN CODE:
ACCOUNT SIGNATORY:
AGREED AND ACCEPTED BY THE CLIENT,
SIGNED ON THE Thursday, February 29, 2024 BY Mr/Mrs.
FOR AND ON BEHALF OF (CLIENT COMPANY NAME):
________________________________________
Signatory Full Name: Mr/Mrs.
Company:
Title/ Position:
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
Passport Number:
Place of Issue:
Date of Issue:
Expiration Date:
AGREED AND ACCEPTED BY THE PROVIDER,
SIGNED ON THE Thursday, February 29, 2024, BY Mr. ----------------
FOR AND ON BEHALF OF--------------------:
________________________________________
Signatory Full Name:
Company:
Title/ Position: PRESIDENT DIRECTOR
Passport Number:
Place of Issue:
Date of Issue:
Expiration Date:
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
APPENDIX-1: CLIENT INFORMATION SHEET
In accordance with Articles 2 through 5 of the due diligence convention and the Federal Banking
Commission Circular of December 1998, and under the US Patriot Act of 2002, as amended in
February 2003 concerning the Prevention of Money Laundering and 305 of the Swiss Criminal Code.
The following information may be supplied to banks and/or other financial institutions for purposes of
verification of Identity and activities of the Client described below, and the nature and original of the
funds which are to be utilized. The foregoing is subject to agreement by all parties to whom this
client and all individuals described herein, as well as the generally accepted professional’s standards
relating to the maintenance of confidential information, and to take all appropriate precautions to
protect the confidentiality of the information contained herein, this legal obligation shall remain in full
force indefinitely without restriction.
Date: Thursday, February 29, 2024
CLIENT INFORMATION
CLIENT / SIGNATORY NAME:
NATIONALITY:
PASSPORT NUMBER:
DATE OF ISSUE:
EXPIRATION DATE:
ISSUED BY:
SOCIAL SECURITY NUMBER:
DATE OF BIRTH:
PLACE OF BIRTH:
MOBILE NUMBER:
BUSINESS INFORMATION
BUSINESS NAME:
STREET ADDRESS:
REGISTERED OFFICE:
REGISTERED NUMBER:
TELEPHONE:
FACSIMILE:
MAILING ADDRESS INFORMATION
STREET ADDRESS:
CITY/ STATE / ZIP CODE:
E-MAIL ADDRESS:
BANK INFORMATION
BANK’S NAME:
BRANCH:
STREET ADDRESS:
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
CITY/ STATE/ ZIP CODE:
TELEPHONE NUMBER:
SWIFT CODE:
BANK OFFICER NAME:
BANK OFFICER TELEPHONE:
BANK OFFICER EMAIL:
ACCOUNT NAME:
ACCOUNT NUMBER:
IBAN CODE:
ACCOUNT SIGNATORY:
Brief Description of Corporate Activity: ?
I hereby swear under penalty of perjury, that I AM THE FUNDS OWNER which are deposit at the
account of CLIENT COMPANY NAME, and that the funds/assets BELONG TO ME.
The information provided herein is accurate and true.
AGREED AND ACCEPTED BY THE CLIENT,
SIGNED ON THE Thursday, February 29, 2024 BY Mr/Mrs. --------------
FOR AND ON BEHALF OF (CLIENT COMPANY NAME):
________________________________________
Signatory Full Name: Mr/Mrs.
Company:
Title/ Position:
Passport Number:
Place of Issue:
Date of Issue:
Expiration Date:
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
APPENDIX-2:
PROVIDER’S AGENCY INFORMATION SHEET
PROVIDER AGENCY INFORMATION
CLIENT / SIGNATORY NAME:
NATIONALITY:
PASSPORT NUMBER:
DATE OF ISSUE:
EXPIRATION DATE:
ISSUED BY:
NIK:
DATE OF BIRTH:
PLACE OF BIRTH:
MOBILE NUMBER/WA:
PROVIDER AGENCY BUSINESS INFORMATION
BUSINESS NAME:
REGISTERED OFFICE:
DATE OF REGISTRATION:
YEARS IN BUSINESS:
BUSINESS ID TAX NUMBER:
REGISTERED NUMBER:
TELEPHONE:
PROVIDER AGENCY MAILING ADDRESS INFORMATION
STREET ADDRESS:
CITY/ STATE / ZIP CODE:
E-MAIL ADDRESS:
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
THE PROVIDER BANK INFORMATION TO RECEIVE CALL OPTION COST AND
TRANSMISSION COST (PRE-ADVICE SWIFT MT-799).
BANK NAME
BANK ADDRESS
SWIFT CODE
ACCOUNT NAME
ACCOUNT NUMBER
ACCOUNT SIGNATORY
BANK OFFICER NAME
BANK OFFICER EMAIL
AGREED AND ACCEPTED BY THE PROVIDER,
SIGNED ON THE Thursday, February 29, 2024, BY Mr. ,
FOR AND ON BEHALF OF (------------------------):
________________________________________
Signatory Full Name:
Company:
Title/ Position:
Passport Number:
Place of Issue:
Date of Issue:
Expiration Date:
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
APPENDIX-3: CLIENT COLOUR COPY OF PASSPORT
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
APPENDIX-4: CLIENT COMPANY CERTIFICATE
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
APPENDIX-5:
PROVIDER’S AGENCY COPY OF PASSPORT
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
APPENDIX-6:
PROVIDER’S COMPANY REGISTRATION CERTIFICATE
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
APPENDIX-7: CORPORATE RESOLUTION
RE: PURCHASING FRESH CUT SBLC issued by HSBC BANK PLC, UK
THIS IS TO CERTIFY THAT THE BOARD OF DIRECTORS (CLIENT COMPANY NAME). [HEREAFTER
CALLED “COMPANY”] ATTENDED A BOARD OF DIRECTORS MEETING WHICH WAS DULY AND
REGULARLY CALLED, NOTICED AND HELD ON Thursday, 29 February, 2024, AT THE COMPANY’S
ABOVE REFERENCED ADDRESS AT WHICH THERE WAS PRESENT A QUORUM THEREOF,
WHEREIN THE FOLLOWING RESOLUTIONS WERE UNANIMOUSLY ADOPTED TO WITHHOLD AND
IT WAS RESOLVED THAT:
(Mr/Mrs. --------------------- ) BE AND IS HEREBY FULLY AUTHORIZED TO ACT INDIVIDUALLY AS
THE SOLE REPRESENTATIVE OF THE COMPANY TO EXECUTE ALL NECESSARY DOCUMENTS ON
BEHALF OF THE COMPANY IN CONNECTION WITH A FRESH CUT SBLC issued by HSBC BANK PLC,
UNITED KINGDOM TRANSACTION, AND TO EFFECT THE OPENING AND OPERATION OF BANK
ACCOUNTS ON BEHALF OF AND FOR THE BENEFIT OF THE COMPANY AT ANY BANK [S] HE
SHALL SELECT, AND BE A SIGNATORY THEREON, TO ACCEPT AND DISBURSE FUNDS THERE
FROM, AT HIS DISCRETION AND DETERMINATION, AND TO EXECUTE INVESTMENT OR DEPOSIT
CONTRACTS WITH HIS SELECTED SOURCES AND BANKS WITH RESPECT TO THE COMPANY’S
DEPOSITS THEREIN, AT HIS DISCRETION, FOR AND IN THE BEST INTERESTS OF THE COMPANY.
(Mr/Mrs. ----------------------) is authorized representative with signing authority on our behalf to instruct,
negotiate, arrange monitor, execute any or all agreements and/or necessary contracts pertinent to securing a
FRESH CUT SBLC issued by HSBC BANK PLC to be used by the company as collateral to enhance its credit
line facilities with the Banks.
That the Board appointed and authorized (Mr.------------------ ) as their Attorney-in-fact to represent the company
with the Collateral Providers to apply and secure the instrument for the company's use.
IT WAS FURTHER RESOLVED THAT (Mr/Mrs.----------------------- ), AS THE SOLE REPRESENTATIVE
OF THE COMPANY, SHALL BE AND IS HEREBY AUTHORIZED AND DIRECTED TO CERTIFY THAT
THE FOREGOING RESOLUTIONS AND THE PROVISIONS THEREOF ARE IN FULL CONFORMITY
WITH THE CHARTER, BY LAWS AND ARTICLES OF INCORPORATION OF THE COMPANY, AND
THAT THE FOREGOING RESOLUTION AND THE AUTHORITY THEREBY CONVEYED SHALL
REMAIN IN FULL FORCE AND EFFECT UNTIL THE PURPOSE SET FORTH HEREIN ARE
ACCOMPLISHED.
IT IS FURTHER CERTIFIED THAT THE ABOVE-NAMED THE SOLE REPRESENTATIVE OF THE
COMPANY HAS BEEN DULY ELECTED AND APPOINTED TO HOLD OFFICE AND IS PRESENTLY
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
HOLDING OFFICE AND IS EMPOWERED TO ACT FOR AND ON BEHALF OF THE COMPANY, AND
THAT THIS CORPORATE RESOLUTION’S FAX OR PHOTOCOPIES SHALL BE OF EQUAL VALUE TO
THEIR ORIGINAL AND SHALL BE ACCEPTED AS SUCH BY EVERYONE, FOR ALL PURPOSES,
EVERYWHERE.
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND SEAL OF THE COMPANY IN
CERTIFICATION OF THE ABOVE RESOLUTIONS & PROVISIONS ON Thursday, 29 February, 2024
AGREED AND ACCEPTED BY THE CLIENT,
SIGNED ON THE Thursday, 29 February, 2024, BY Mr/Mrs.---------------------
FOR AND ON BEHALF OF (CLIENT COMPANY NAME):
_____________________________________
Signatory Full Name:
Company:
Title/ Position:
Passport Number:
Place of Issue:
Date of Issue:
Expiration Date:
AGREED AND ACCEPTED BY THE PROVIDER,
SIGNED ON THE Thursday, February 29, 2024, BY --------------
FOR AND ON BEHALF OF -----------------------------------
________________________________________
Signatory Full Name:
Company:
Title/ Position:
Passport Number:
Place of Issue:
Date of Issue:
Expiration Date:
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
“ACCEPTED AND AGREED WITHOUT CHANGE”
(Electronic Signature is valid and accepted as hand signature)
EDT (ELECTRONIC DOCUMENT TRANSMISSIONS)
1. EDT (Electronic document transmissions) shall be deemed valid and
enforceable in respect of any provisions of this Contract. As applicable, this
agreement shall be: Incorporate U.S. Public Law 106-229, ‘‘Electronic
Signatures in Global & National Commerce Act’’ or such other applicable
law conforming to the UNCITRAL Model Law on Electronic Signatures
(2001)
2. ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May
2000) adopted by the United Nations Centre for Trade Facilitation and
Electronic Business (UN/CEFACT).
3. EDT documents shall be subject to European Community Directive No.
95/46/EEC, as applicable. Either Party may request hard copy of any
document that has been previously transmitted by electronic means
provided however, that any such request shall in no manner delay the
parties from performing their respective obligations and duties under EDT
instruments. Required message “The remitter is known to us. This is done
with full banking responsibility and we are satisfied as to the source of funds
sent to us.”
4. Electronic signatures are legally recognized in Indonesia and are
provided for in the Law of the Republic of Indonesia No. 11 of 2008 on
Electronic Information and Transactions as amended by Law of the
Republic of Indonesia No. 19 of 2016 (“Law No. 11”), the Government
Regulation of the Republic of Indonesia No. 71 of 2019 on the Operation of
Electronic Systems and Transactions, and the Government Regulation of
the Republic of Indonesia No. 80 of 2019 on Trade Through Electronic
Systems.
--- END PAGE LOI PURCHASE OF BANK SECURITIES ---
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
Attachment 1
DRAFT OF CONDITIONED PAYMENT ORDER
TO BE SENT BY SWIFT MT 103
-------------------------------------------- INSTANCE TYPE AND TRANSMISSION-----------------------------
-------------------------- ORIGINAL RECEIVED FROM SWIFT :
--------------------------------------------------------------------------------------------------------------------------
PRIORITY :
MESSAGE OUTPUT REFERENCE :
CORRESPONDENT INPUT REFERENCE :
--------------------------------------------------------------------------------------------------------------------------
SWIFT OUTPUT : FIN 103 SINGLE CUSTOMER CREDIT TRANSFER
SENDER : CLIENT BANK
DETAILS RECEIVER : (SELLER/PROVIDER BANK DETAILS)
ACCOUNT NUMBER : (SELLER/PROVIDER BANKING ACCOUNT NUMBER)
-----------------------------------------------MESSAGE TEXT------------------------------------------------------------------
20: SENDER
23B: BANK OPERATION CODE
32A: VALUE DATE / CURRENCY / INTERBANK SETTLED AMOUNT
50A: ORDERING CUSTOMER
59A: BENEFICIARY CUSTOMER
71A: DETAILS OF CHARGES (OUR)
72: WE (CLIENT BANK) HEREBY PRESENT OUR IRREVOCABLE, DIVISIBLE, ASSIGNABLE,
TRANSFERABLE AND CALLABLE CASH BACKED S.W.I.F.T. WIRE TRANSFER IN YOUR FAVOUR
FOR THE ACCOUNT OF (SELLER/PROVIDER NAME), ON THE ACCOUNT NUMBER
(SELLER/PROVIDER NUMBER OF ACCOUNT) IN THE AMOUNT OF (AMOUNT OF PURCHASING
FEES) IMMEDIATELY WITHIN 8 BANKING HOURS UPON RECEIPT, VERIFICATION AND
AUTHENTICATION OF THE BANK INSTRUMENT AS STATED IN THE AGREEMENT SIGNED
BETWEEN (SELLER/PROVIDER NAME) AND (CLIENT NAME)
ON ………………….. UNDER TRANSACTION CODE ………………………..
WE HEREBY CONFIRM THAT THE FUNDS ARE GOOD, CLEAN AND CLEARED FUNDS
OF NON-CRIMINAL ORIGIN AND FROM LEGAL SOURCE.
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
Attachment 2
SWIFT MT-760 FROM ISSUING BANK TO RECEIVER´S BANK
FROM
BANK NAME:
BANK ADDRESS:
BANK TEL:
BANK FAX:
BANK OFFICER NAME:
SWIFT CODE:
ACCOUNT NAME:
ACCOUNT NO:
TO
BANK NAME:
BANK ADDRESS:
ACCOUNT NAME:
IN FAVOUR OF:
ACCOUNT SIGNATORY:
SWIFT/BIC:
ACCOUNT NUMBER:
BANK OFFICER 1:
BANK OFFICER 2:
BANK PHONE:
BANK FAX NUMBER:
E-MAIL:
FINAL BENEFICIARY:
TYPE OF INSTRUMENT: STANDBY LETTER OF CREDIT SBLC
ISIN NUMBER:
CURRENCY: USD
AMOUNT: $ 500,000,000.00
DATE OF ISSUE: XX/XX/2024
DATE OF EXPIRE: XX/XX/2025
--------------------------- MESSAGE TEXT -----------------------
FOR VALUE RECEIVED, WE,____________________HEREBY ISSUE OUR IRREVOCABLE,
UNCONDITIONAL AND NEGOTIABLE SBLC NO: XXXXXXXXX IN FAVOUR OF
XXXXXXXXXXXXXXXXXXXXXXXXXXXXX, FOR THE AMOUNT OF $ 500,000,000.00 (FIVE
HUNDRED MILLION US DOLLAR), VALID FOR ONE (1) YEAR AND ONE (1) DAY AND DUE FOR
PAYMENT AT MATURITY ON __________ {1 YEAR + 1 DAY MATURITY DATE FROM ISSUING
DATE}TO THE FINAL BENEFICIARY.
WE HEREBY IRREVOCABLY AND UNCONDITIONALLY UNDERTAKE TO PAY IN FULL AGAINST
THIS SBLC AT MATURITY, WITHOUT ANY PROTEST, DELAY OR OBJECTION, ON FIRST DEMAND
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
THE THEREOF THE SUM OF $ 500,000,000.00 (FIVE HUNDRED MILLION US DOLLAR), IN THE
LAWFUL CURRENCY OF THE EUROPE UNION TO THE ORDER OF ………………………………… ,
THE FINAL BENEFICIARY, THE BEARER OR HOLDER THEREOF AT MATURITY, UPON RECEIVING
FINAL BENEFICIARY’S FIRST DEMAND VIA BANK WIRE SYSTEM AND SURRENDER OF THIS SBLC
NO: ……………… AT THIS BANK AT MATURITY DATE.
THIS SBLC IS TRANSFERABLE, DIVISIBLE, ASSIGNABLE, AND CASH BACKED WITHOUT
PRESENTATION OF IT TO US AND WITHOUT PAYMENT OF ANY FEES. WE HEREBY ENGAGE WITH
YOU THAT THE DEMAND MADE UNDER AND IN COMPLIANCE WITH THE TERMS OF THIS SBLC,
SHALL BE DULY HONOURED ON DUE PRESENTATION TO US. THE DEMAND HEREUNDER MUST
BE MARKED “DRAWN UNDER SBLC NO: -------- DATED XX.XX.2024”.
SUCH PAYMENT SHALL BE MADE WITHOUT SET OFF AND SHALL BE UNENCUMBERED FREE
AND CLEAR OF ANY DEDUCTIONS, CHARGES, FEES OR WITHHOLDING OR ANY NATURE NOW
OR HEREAFTER IMPOSED LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE
GOVERNMENT OR ANY POLITICAL SUBDIVISION OR AUTHORITY THEREOF OR THEREIN.
THIS GUARANTEE IS FULLY CASH BACKED WITH FUNDS ON DEPOSIT THAT ARE GOOD, CLEAN,
CLEARED OF NON-CRIMINAL ORIGIN, FREE OF ANY DENS OR ENCUMBRANCES LEGALLY
EARNED BY THE APPLICANT, THIS STANDBY LETTER OF CREDIT IS UNCONDITIONAL,
TRANSFERABLE, ASSIGNABLE, DIVISIBLE AND CONFIRMED WITHOUT PRESENTATION OF IT TO
US AND SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
XXXXX.
THIS STANDBY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICES
FOR STANDBY LETTER OF CREDIT AS SET FORTH BY THE INTERNATIONAL CHAMBER OF
COMMERCE–PARIS–FRANCE LATEST REVISION OF PUBLICATION 758.
THIS IS AN OPERATIVE INSTRUMENT; NO MAIL CONFIRMATION WILL FOLLOW.
FOR AND ON BEHALF OF XXXXX BANK
______________________________ _______________________________
Bank Officer (1) Authorized Signature Bank Officer (2) Authorized Signature
Name: Name:
Title : Title :
PIN : PIN :
<Insert Bank Seal> <Insert Bank Seal>
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
Attachment 3
BPU VERBIAGE VIA SWIFT MT-799 (FROM RECEIVER)
(MAY BE REPLACED WITH RECEIVER‘S BANK PREFERRED TEXT OF SIMILAR CONTENT)
SPECIMEN BPU VERBIAGE PROPOSED TEXT ONLY, FINAL VERBIAGE MAY VARY BANK TO
BANK
SWIFT MT-799 – PAYMENT UNDERTAKING
SENDER:
RECEIVING BANK :
BANK ADDRESS :
BANK OFFICER :
PHONE NUMBER :
SWIFT CODE :
ACCOUNT HOLDER :
ACCOUNT NUMBER :
RECEIVER:
TO BANK :
BANK ADDRESS :
ACCOUNT NAME :
ACCOUNT NUMBER :
SWIFT CODE :
BANK TELEPHONE :
BANK FAX :
BANK OFFICER 1 :
REFERENCE TRANSACTION: _________________________
AT THE REQUEST OF OUR CLIENT: XXXXXXXX. WE, _______________________ BANK AT
ADDRESS: _____________________________, HEREBY IRREVOCABLY CONFIRM THAT WE ARE
PREPARED TO UNDERTAKE THE FOLLOWING:
(1) TO RECEIVE, VIA SWIFT MT760 INTO OUR CLIENT’S ABOVE-LISTED ACCOUNT,
$ 500,000,000.00 (FIVE HUNDRED MILLION US DOLLAR) CASH-BACKED, ASSIGNABLE,
TRANSFERABLE AND UNCONDITIONAL STANDBY LETTER OF CREDIT (“$XXXXX SBLC”); AND,
(2) TO SWIFT TRANSFER A PRINCIPAL AMOUNT OF $ 500,000,000.00 (FIVE HUNDRED MILLION US
DOLLAR) TO THE BELOW-LISTED ACCOUNT, WITHIN THREE (3) TO FIVE (5) EUROPEAN BANKING
DAYS OF SUCCESSFULLY RECEIVING AND AUTHENTICATING THE $ 500,000,000.00 (FIVE
HUNDRED MILLION US DOLLAR) SBLC DELIVERED VIA SWIFT MT760 TO OUR CLIENT’S ABOVE
ACCOUNT.
TO BANK :
BANK ADDRESS :
ACCOUNT NAME :
ACCOUNT NUMBER :
SWIFT CODE :
BANK TELEPHONE :
BANK FAX :
BANK OFFICER 1 :
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
WE, HEREBY CONFIRM THAT THE $ 500,000,000.00 (FIVE HUNDRED MILLION US DOLLAR) ARE
GOOD, CLEAN AND CLEARED FUNDS DERIVED FROM A LEGAL SOURCE.
FOR AND ON BEHALF OF ………………………………
______________________________ _______________________________
Bank Officer (1) Authorized Signature Bank Officer (2) Authorized Signature
Name: Name:
Title : Title :
PIN : PIN :
<Insert Bank Seal> <Insert Bank Seal>
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
Attachment 4
SWIFT MT-799 PRE-ADVICE FROM PROVIDERS ISSUING BANK TO
RECEIVER´S BANK
FROM
BANK NAME:
BANK ADDRESS:
BANK TEL:
BANK FAX:
BANK OFFICER
NAME:
SWIFT CODE:
ACCOUNT NAME:
ACCOUNT NO:
TO
BANK NAME:
BANK ADDRESS:
ACCOUNT NAME:
IN FAVOUR OF:
ACCOUNT SIGNATORY:
SWIFT/BIC:
ACCOUNT NUMBER:
BANK OFFICER 1:
BANK OFFICER 2:
BANK TELEPHONE:
BANK FAX NUMBER:
E-MAIL:
TRANSACTION CODE:
AMOUNT: $__0,000,000.00
CURRENCY: USD
FINAL BENEFICIARY:
WE, (BANK NAME), (BANK ADDRESS), HEREBY CONFIRM WITH FULL BANKING RESPONSIBILITY
THAT WE ARE READY, WILLING AND ABLE TO DELIVER THE STANDBY LETTER OF CREDIT
(SBLC) IN FAVOR YOUR CLIENT (BENEFICIARY’S NAME), WITH A FACE VALUE OF USD
500,000,000.00 (FIVE HUNDRED MILLION US DOLLAR), AND IT SHALL BE TRANSMITTED AND
CONFIRMED BY SWIFT MT760.
THIS STANDBY LETTER OF CREDIT IS IRREVOCABLE, TRANSFERABLE, ASSIGNABLE, AND
SHALL BE HONORED ON MATURITY DATE ONE YEAR AND ONE MONTH. WE FURTHER CONFIRM
THAT THE STANDBY LETTER OF CREDIT IS FREE AND CLEARED OF ENCUMBRANCE AND THE
CASH IS GOOD, CLEAN AND CLEAR FUNDS OF NON-CRIMINAL ORIGIN.WE HEREBY CONFIRM
THAT WE WILL DELIVER THE SAID THE STANDBY LETTER OF CREDIT BY SWIFT MT760
FOLLOWED BY ORIGINAL HARD COPY DELIVERED BY BANK BONDED COURIER.
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
PLEASE CONFIRM THAT YOU ARE READY TO RECEIVE AND FUND THIS BANK INSTRUMENT FOR
CONFIRMATION, YOU ARE ADVISED TO AUTHENTICATE THIS SWIFT MT799 BY REPLYING
THROUGH OUR SECURED DEPARTMENTAL SWIFT CODE.
THIS THE STANDBY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM RULES FOR THE BANK
GUARANTEES URDG 758 UNDER INTERNATIONAL CHAMBER OF COMMERCE, PARIS, FRANCE
AND ITS LATEST REVISIONS
FOR AND ON BEHALF OF ………………………………
______________________________ _______________________________
Bank Officer (1) Authorized Signature Bank Officer (2) Authorized Signature
Name: Name:
Title : Title :
PIN : PIN :
<Insert Bank Seal> <Insert Bank Seal>
--------------------------- END OF THE MESSAGE -------------------------------
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
Attachment 5
RECEIPT AGAINST PAYMENT
(PAYMENT UNDERTAKING TO BE SENT BY SWIFT MT-799)
TO: FULL BANK COORDINATES OF SELLER’S BANK (AS IN ARTICLE 9)
FROM
BANK NAME: ……………………………………………………….
BANK ADDRESS: ………………………………………………………..
ACCOUNT NAME: ………………………………………………………..
ACCOUNT NUMBER: ………………………………………………………..
BANK OFFICER: ………………………………………………………..
SWIFT CODE: ………………………………………………………..
ACCOUNT SIGNATORY: ……………………………………………………….
TRANSACTION CODE:
WE,…….(NAME OF BANK)…….., REPRESENTED BY THE UNDERSIGNED OFFICERS, HEREBY
CONFIRM, WITH FULL BANK RESPONSIBILITY ON BEHALF OF OUR CUSTOMER……..(NAME OF
ACCOUNT HOLDER/SIGNATORY)…………., THAT CASH FUNDS IN THE AMOUNT OF NOT LESS
THAN ………………………. (………………………………….. ONLY) IS DEPOSITED IN
ACCOUNT NUMBER …………., AS OF THE DATE OF THIS TRANSMISSON, IN FAVOR OF THE
ABOVE TRANSACTION CODE.
WE HEREBY CONFIRM THAT OUR CUSTOMER …………(NAME OF ACCOUNT HOLDER)…….., IS IN
GOOD STANDING WITH OUR INSTITUTION AND IS READY TO RECEIVE THE MEDIUM TERM
NOTE (MTN/BG/SBLC) ISSUED BY ……….. BANK, ISIN NUMBER …………………… WITH FACE
VALUE OF ……………………… (…………………………………. ONLY) AND UPON VERIFICATION
AND AUTHENTICATION OF THE MTN/BG/SBLC SWIFT MT-760, WE ARE READY TO MAKE
PAYMENT AND SETTLEMENT OF THE INVOICE WITHIN FIVE (5) BANKING DAYS BY SWIFT MT-
103 WIRE TRANSFER ACCORDING TO THE AGREEMENT UNDER TRANSACTION CODE :
……………………………….. AN CORPORATE INVOICE NR. …………………..
WE FURTHER CONFIRM THAT THESE FUNDS ARE GOOD, CLEAN CLEARED FUNDS OF NON-
CRIMINAL ORIGINS, AND ARE FREE AND CLEAR OF ANY LIENS OR ENCUMBRANCES
PLEASE TRANSFER THE BANK INSTRUMENT TO THE FOLLOWING RECEIVING BANK:
BANK NAME: …………………………………
SWIFT CODES/BIC : ……………………………………………….
ACCOUNT Nr: …………………………………………………………
ACCOUNT NAME: ………………………………………………………………….
BENEFICIARY FULL NAME: ……………………………………………………………
BENEFICIARY ADDRESS: ……………………………………………………………
FOR AND ON BEHALF OF ………………….(BANK NAME)……………
BANK OFFICERS NAMES, TITLES, PIN CODES.
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
(LETTERHEAD COMPANY)
LETTER OF INTENT PURCHASE OF BANK SECURITIES
Date: Thursday, February 29, 2024
Attachment 6
SWIFT MESSAGE MT-541 – RECEIVE AGAINST PAYMENT
TO: FULL BANK COORDINATES OF SELLER’S BANK (AS IN ARTICLE 9)
FROM
BANK NAME: …………………………………….
BANK ADDRESS: ……………………………………
ACCOUNT NAME: ……………………………………….
ACCOUNT NUMBER: …………………………………………..
BANK OFFICER: ………………………………………………………
S.W.I.F.T CODE: ……………………………………………………..
TEL Nr: ………………………………………………………….
FAX Nr: ………………………………………………………………….
ACCOUNT SIGNATORY: ……………………………………………………..
TRANSACTION CODE:
WE, ………………………… (FULL NAME OF BANK), WITH ADDRESS AT …………………….. (FULL
BANK ADDRESS), IN PERSON OF HIS DIRECTOR ……………………. (FULL NAME OF THE BANK
DIRECTOR), WHO HAS FULL POWER TO ENGAGE THE BANK FOR SUCH AMOUNT, UNDERTAKE
UNDER FULL BANKING RESPONSIBILITY TO PAY WITHIN FIVE (5) BANKING DAYS THE
AMOUNT OF …………………………. (………………………………………………….. ONLY) TO
…………, UPON RECEIPT AND AUTHENTICATION OF THE ………………… SWIFT MT-760, ISSUED
BY …….. BANK, WITH ISIN NUMBER: ……………. IN THE FACE AMOUNT OF TRANSACTION
CODE: ……………………….. AND CORPORATE INVOICE NR. …………….
PLEASE TRANSFER THE BANK INSTRUMENT TO THE FOLLOWING RECEIVING BANK:
BANK NAME: ……………………………………….
SWIFT CODE/BIC: ………………………………………………..
ACCOUNT Nr: ……………………………………………………………
ACCOUNT NAME: …………………………………………………….
BENEFICIARY FULL NAME: ……………………………………………….
BENEFICIARY ADDRESS: …………………………………………………
ON BEHALF OF ………………………. BANK
BANK OFFICERS NAMES, TITLES, PIN CODES,
__________________________________________________________________________________
(COMPANY BUYER NAME) PROVIDER
SIGNED & STAMP
