PREPARED ON BANK LETTERHEAD OF ​ISSUING BANK

RWA LETTER

To: xxxxxxxxxxxx
Att: ​xxxxxxxxxxxxxxxx
Address: ​xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Email: ​ xxxxxxxxxxxxxxx
Tel : ​xxxxxxxxxxxxxx

Re: RWA LETTER FOR SBLC

Date: AUGUST, 15, 2019

WE, ​BANCO ​GENEROSO​, LOCATED AT PÇA. ANTONIO PRADO, Nº 33, CJ. 33,
SÃO PAULO,SP, ​BRAZIL​, ZIP CODE: 01010-010, DO HEREBY CONFIRM WITH
FULL BANK RESPONSIBILITY, THAT OUR BANK IS READY, WILLING AND ABLE
TO PROVIDE YOUR COMPANY “ ​xxxxxxxxxxxxx “ THE FIRST TRANCH OF A
STAND BY LETTER OF CREDIT, FOR THE AMOUNT OF ​U$D46.978.000,12
(​FOURTY SIX MILLIONS, NINE HUNDRED AND SEVENTY-EIGHT THOUSAND
AMERICAN DOLLARS AND TWELVE CENTS ​) FOR YOUR ​xxxxxxxxxxxxxxxxxxx​.
WE UNDERSTAND ALSO THAT PART OF THE MONEY WILL BE USED TO BUY
BONNY LIGHT CRUDE OIL FOR YOUR CLIENTS. BEFORE ISSUING THE SBLC, WE
WOULD LIKE TO RECEIVE A FULL CONFIRMATION OF YOUR FINANCIAL
PARTNER, THAT WILL BE ABLE TO MONETIZE THE FINANCIAL INSTRUMENT –
“ SBLC” TO BE ISSUED.

ALL OTHER REQUIREMENTS HAVE BEEN SATISFIED BY YOUR COMPANY

Sincerely Yours,

SIGNED BY: BANK SEAL SIGNED BY:

BANK OFFICER: BANK OFFICER:
PIN & TITLE: PIN & TITLE: