ISSUING PROCEDURE

1. In order to start the transaction, kindly send us a Proforma Invoice or sales

contract or Filled-in Application form.

2. A draft will then be arranged from whichever bank that has been selected for
issuance. The draft has to be thoroughly reviewed and for any correction, addition or
removal of information, a note should be written on the draft for the change to be made.
After all the amendments are made, the draft has to be approved either by the buyer or
the seller by signing and stamping on it.

3. After the approval of the draft, the following documents need to be submitted:
i. Company Trade License
ii. Passport copy of the owner and shareholders
iii. Last three months bank statement
iv. One-year audited financials
v. Shareholding List

4. After the receipt of the above documents, an invoice will be sent for the
clearance of the issuing charges as decided.

5. A service agreement will also be sent for the security of the issuing charges to
be signed between us and your company.

6. After the clearance of the issuing charges and signing of the agreement, the
instrument will be issued within 24-96 hours.

7. For reference, the swift copy will be emailed to you as well.

Note: The issuing charges would depend on the amount of the LC required, the type
of the LC, the issuing bank selected for issuance and the beneficiary bank to which it
is to delivered.