MT-542 : FORMAT

NOTIFICATION :
DELIVERY STATUS :
PRIORITY / DELIVERY : URGENT-EXPRESS, SAME DAY WIRE
MESSAGE INPUT REFERENCE :
MESSAGE OUTPUT REFERENCE:
--------------------------- MESSAGE TEXT ---------------------------

SENDING BANK
SENDING BANK
BANK NAME
BANK ADDRESS
ACCOUNT NUMBER
ACCOUNT NAME
SWIFT CODE

RECEIVING BANK
BANK NAME
BANK ADDRESS
ACCOUNT NAME
ACCOUNT NUMBER
SWIFT CODE

CURRENCY: USD
SKR NUMBER: XXXXXXXX
PRINCIPAL AMOUNT: $500,000,000.00 USD (FIVE HUNDRED MILLION USD)
DATE OF ISSUE: XXXXXXXXX
MATURITY DATE: XXXXXXX
BENEFICIARY ACCOUNT NAME:
BENEFICIARY ACCOUNT NUMBER:
APPLICANT:

FOR THE VALUE RECEIVED, WE, THE UNDERSIGNED, THE BANK OF_______________________,
HEREBY IRREVOCABLY AND UNCONDITIONALLY WITHOUT PROTEST OR NOTIFICATION PROMISE
TO PAY AGAINST THIS CASH-BACKED ___ WITH NUMBER XXXXXXXXX TO THE ORDER OF THE
BENEFICIARY _____, WITH ACCOUNT NUMBER: ____________ THEROF, THE SUM OF
$500,000,000.00 USD (FIVE HUNDRED MILLION USD) IN THE LAWFUL CURRENCY OF THE
UNITED STATES, UPON PRESENTATION AND SURRENDER OF THIS SKR AT OUR OFFICES
LOCATED AT ______________________________
SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF, FREE AND CLEAR OF ALL DEDUCTIONS,
CHARGES, FEES, OR WITHHOLDING OF ANY NATURE, PRESENTLY OR IN THE FUTURE IMPOSED,
LEVIED, COLLECTED, WITHHELD, OR ASSESSED BY THE GOVERNMENT OF THE UNITED STATES,
OR ANY POLITICAL SUB-DIVISIONS OR AUTHORITY THEREOF OR THEREIN.

THIS SKR IS GOLD-BACKED, NEGOTIABLE, ASSIGNABLE, DIVISIBLE, AND FREELY TRANSFERABLE

WITHOUT NOTICE OR PRESENTATION TO US AND ANY TRANSFER FEES OR CHARGES. IT IS
AVAILABLE FOR LOANS AND LINES OF CREDIT AVAILABLE TO THE BENEFICARY.

THIS SKR IS GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE UNIFORM RULES FOR
DEMAND GUARANTEE (URDG) AS SET FORTH BY THE INTERNATIONAL CHAMBER OF
COMMERCE, PARIS, FRANCE ICC PUBLICATION #600 URDG 758.

THIS SKR IS AN OPERATIVE INSTRUMENT, CONFIRMABLE AND VERIFIABLE ON A BANK-TO-BANK

BASIS. ALL ISSUING CHARGES ARE FOR THE APPLICANT'S ACCOUNT.

THIS SKR EXPIRES ON (INSERT DATE OF EXPIRATION).

DATE RECORDED: ____________ 2024

FOR AND ON BEHALF OF

AUTHORIZED OFFICER 1 AUTHORIZED OFFICER 2

NAME NAME
PIN NUMBER PIN NUMBER
TITLE TITLE