This letter from a bank officer confirms that their client, [Buyer's name], has the financial ability to purchase a quantity of a product during the next period. It specifies that payment will be made through an irrevocable confirmed letter of credit or bank guarantee payable at sight for each shipment. The total value of the transaction over the contract length is also given. The letter certifies that the client has sufficient funds in their account and credit line to complete the purchase.
This letter from a bank officer confirms that their client, [Buyer's name], has the financial ability to purchase a quantity of a product during the next period. It specifies that payment will be made through an irrevocable confirmed letter of credit or bank guarantee payable at sight for each shipment. The total value of the transaction over the contract length is also given. The letter certifies that the client has sufficient funds in their account and credit line to complete the purchase.
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This letter from a bank officer confirms that their client, [Buyer's name], has the financial ability to purchase a quantity of a product during the next period. It specifies that payment will be made through an irrevocable confirmed letter of credit or bank guarantee payable at sight for each shipment. The total value of the transaction over the contract length is also given. The letter certifies that the client has sufficient funds in their account and credit line to complete the purchase.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
WHOM IT MAY CONCERN Ref. No: ___________: _____________ THE UNDERSIGNED BANK OFFICER/MANAGER WITH FULL BANKING RESPONSIBILITY, HEREBY CONFIRM THAT OUR CLIENT {Buyer's nameWITH ACCOUNT NUMBER IS FINANCIALLY ABLE TO INITIATE THE TRANSACTION INVOLVING PURCHASE OF {quantity and product name} DURING THE NEXT UNDERSTAND THAT THE SHIPMENT FACE VALUE OF THE NEEDED IRREVOCABLE CONFIRMED {terms of payment: SBLC, BG} PAYABLE AT SIGHT WILL BE loch PER SHIPMENT AND THE TOTAL VALUE OF THE TRANSACTION FOR {period of contract length} WILL BE CERTIFY ONLY THAT {Buyer's name} HAS SUFFICIENT FUNDS ON THE ACCOUNT AND SUFFICIENT LINE OF CREDIT WITH OUR BANK TO COMPLETE THE ABOVE TRANSACTION.GUARANTEE THAT THE PAYMENT ILL BE USED FOR THIS TRANSACTION AND WILL REVOLVE FROM SHIPMENT TO SHIPMENT DURING THE DURATION OF THE CONTRACT SHOULD OUR ABOVE MENTIONED CUSTOMER WISHES US TO DO SO.
NAME :_________NO OF OUR CLIENT :_________OFFICER'S NAME
:_________NAME :_________BRANCH :_________PHONE NUMBER :_________ FAX NUMBER :_________TELEX NUMBER :_________ SWIFT CODE :_________ NUMBER :_________
WE HAVE BEEN INFORMED BY OUR CLIENT {buyer's name} THAT HE
HEREBY GIVES PERMISSION TO THE SELLER TO CONDUCT A SOFT PROBE ON HIS ACCOUNT. Authorized Signature & Bank Seal (Designation of the person signing)