FORMAT - TWO PAGES

LETTER OF INTENT

ON BUYER'S LETTERHEAD

 

Date:___________________

 

I / We (NAME OF BUYER OR COMPANY) the undersigned, confirm that, under International Criminal Penalty of Perjury and Civil/Criminal Intend to Defraud, by signature below verify that I / we have the financial capability, including the necessary import permits, to complete the purchase of  (name of the product and quantity).

 

Commodity:

 

 

Quantity:

 

 

Specifications:

 

 

Packing:

 

 

Destination:

 

 

Delivery schedule:

 

 

Discharge rate:

 

 

Price:

 

 

Contract duration:

 

 

Type of payment:

 

 

BUYER'S BANK INFORMATION

 

1. Issuing company:

2. Bank name:

3. Bank address:

4. Bank phone:

5. Bank telex:

6. Account number:

7. Account name:

8. Bank officer:

 

 

 

BUYER'S FULL NAME                                               COMPANY SEAL___________

Position:

 

___________________________________

Signaturte:

 

 

 

 

BANK CAPABILITY LETTER

(ON BANK LETTERHEAD)

 

 

 

Date:

 

 

 

From (Name of Bank):

 

(Address of Bank):

 

Telex:

 

SWIFT:

 

Telephone number:

 

Fax number:

 

 

 

To: (Name of account holder)

 

Subject:

 

 

 

 

We are informed that our client (company name of client), account number (Give Account Number) would like to purchase (quantity  of commodity) of (type of commodity) at US

($ ___/mt C&F/CIF/FOB), (name of port of delivry and  country) for a total of US$ (total amount order).

 

We understand that payment is to be by (Irrevocable, Fully Funded, Transferable, Confirmed, Acceptable Documentary Lette rof Credit or Standby/SWEFT Wire Transfer/Sola Draft in any and all aspect to the seller) Payable at 100% sight of contract value for (number of days), and confirmed by (name of confirming bank ifthe bank is not the top 25 bank ). We also understand that the Seller issue 2% Performance Guaranttee Bond / product confirmation acceptable to buyer to activate the RDLC/SBLC/BG.

 

This is to inform you that the buyer has the financial capacity to issue such Letter of Credit subject to bank formalities, should the buyer contract for the (name of commodity).

 

 

1. Signed and sealed                                                              

 Bank Officer-1

_____________________

(Title)

 

 

Authorized bank signatory

 

______________________

(Title)

 

 

2. Signed and sealed  (by second bank officer)

 

 

Authorized Signatory