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Sco MCT Fadil Cpo
Sco MCT Fadil Cpo
Dear Sir,
With reference to your enquiry, WE, MAKRO CIPTA TECHNOLOGY SDN BHD, act on
behalf of our Principle Seller, hereby state and represent with full corporate and legal
responsibility are ready, willing and able to supply and sell Crude Palm Oil to your
esteemed organization, subjected to mutually agreed commercial covenants of final
contract as per the terms & conditions and procedures as appended hereunder:-
PROCEDURES:-
1. Buyer to confirm by sending ICPO, Bank Commitment Letter (BCL)/SBLC
Verbiage Acceptance Letter from Buyer’s Bank
2. Seller sends Full Corporate Offer (FCO), Draft S&P Contract to Buyer
3 Buyer and Seller sign Hard Copy Agreement Contract
4. The Buyer’s Bank sends Bank Instrument Hard Copy to Seller’s Bank within 7
days
5. Delivery will start within 30 - 45 days from activation of Bank Instrument.
If this Offer has received your full attention and acceptance, then kindly proceed
with the issuance of the ICPO and BCL to enable us to process your request.
Yours truly,
For MAKRO CIPTA TECHNOLOGY SDN BHD.
ANNEX-A
We certify that our clients named above have sufficient funds and/or have credit line
with our bank to complete the proposed transaction within the time period shown
above.
Our clients hereby give authority to the Sellers to procure usual banker's references.
Signature : Signature :
Full Name : Full Name :
Full Title : Full Title :
Date : Date :
PRESENT THIS VERBIAGE TO OBTAIN BANK APPROVE LETTER ON THE ISSUANCE OF
SBLC/ BG ACCORDING TO FORMAT GIVEN
Exhibit “A”
Verbiage of SBLC/BG
(To be sent by SWIFT MT 760)
Issued by :
SBLC No. :
Applicant :
Beneficiary :
CUSIP No. :
Access Code :
Expiration Date :
Issue Date :
Maturity Date : 13 Months from Date of Issue
Currency : United States Dollar
Amount : USD xx, 000,000.00
WE engage with you that the demand draft drawn under and in compliance with the
terms of this Letter of Guarantee shall be duly honoured on date of presentation to
us. This Letter of Guarantee is subject to the Uniform Customs and Practice for
Documentary Credits, International Chamber of Commerce, Paris, France, latest
revision.
This cable is an operative instrument. All charges are for the applicant.
Bank
Bank Officer Bank Officer
Signature : Signature :
Full Name : Full Name :
Full Title : Full Title :
Date : Date :