NO CHANGES TO THE VERBIAGE
IS
ALLOWED
CONDITIONALRWAFROMCLIENTBANK
TOENDORSEPROMISSARYNOTE
AND TO SEND IT THROUGH SWIFT MT799
OR ITS RECOMMENDATION LETTER
(ON BANK LETTERHEAD)
(IT IS NOT NECESSARY TO FOLLOW OUR VERBIAGE. SOME SORT OF SUPPORTING OR RECOMMENDATION LETTER IS REQUIRED FROM CLIENT BANK ASSURING ISSUANCE OF SOME COLLATERAL OF PN OR ICBPO OR BLOCFUNDS MT799 FOR PAYMENT OF BG COST AFTER RECEIPT OF MT760 BG/SBLC. NO LOI WILL BE ACCEPTABLE WITHOUT A BANK SUPPORTING LETTER OR BCL OR BANK BALANCE STATEMENT.)
WE ARE READY, WILLING AND ABLE TO ENDORSE A PROMISSORY NOTE AS PER VERBIAGE GIVEN IN THE APPENDIX (D)BELOW AND TO SEND IT THROUGH SWIFT 799 TO PROVIDER BANK ON THE REQUEST OF OURCLIENT AFTER THE RECEIPT OF COUNTERSIGNED DEED OF AGREEMENT (DOA) FROM THE PROVIDER.
(NAMEANDADDRESSOFTHECLIENT)
CLIENTSIGNATUREANDSTAMP).
BANKOFFICER1BANKOFFICER2
(BANKSTAMP
SWIFT INPUT: MT 799
PROMISSORY NOTE SWIFT MT799
DATE OF ISSUE: XXXX / XX / XX
MATURITY: 90 DAYS FROM THE DATE OF ISSUE
VALIDITY: VALIDATION IS ALWAYS 90 DAYS or UNTIL THE TRANSACTION IS COMPLETED.
SENDING BANK:
BANK ADDRESS:
RECEIVING BANK NAME:
ADDRESS:
ACCOUNT NAME
ACCOUNT NUMBER:
IBAN :
SWIFT CODE
BANK OFFICER NAME
TEL / FAX
PERIOD OF ISSUE : NINETY (90) DAYS
CURRENCY : EURO/ USD
AMOUNT :
BENEFICIARY : XXXXXXXXXXXX
REFERENCE: CONTRACT WITH TRANSACTION CODE:
FOR VALUE RECEIVED, WE …………(BANK NAME HERE)……., WITH ITS OFFICE LOCATED AT... (OFFICE)…. …………………., WITHOUT PROTEST AND NOTIFICATION, HEREBY IRREVOCABLY AND UNCONDITIONALLY UNDERTAKE TO PAY TO THE ORDER OF: (BENEFICIARY NAMEHERE) WITH ITS OFFICE LOCATED ATXXXXXXXXXXX ,AT MATURITY, THE SUM OF XXXXXXX XXXXXXX XXXXXX XXXXXXX EURO (EURO €00,000,000.00) IN THE LAWFUL EUROPEAN CURRENCY. SUCH PAYMENT SHALL BE MADE AT OUR OFFICES OR WIRE TRANSFER WITHOUT DELAY, PROTEST SET-OFF AND CLEAR OF ANY DEDUCTION OR CHARGES, FEES OR WITHHOLDING OF ANY NATURE NOW OR THEREAFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED
SUCH PAYMENT SHALL BE MADE AT OUR OFFICES OR WIRE TRANSFER WITHOUT DELAY, PROTEST SET-OFF AND CLEAR OF ANY DEDUCTION OR CHARGES, FEES OR WITHHOLDING OF ANY NATURE NOW OR THEREAFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY ANY LEGAL ENTITY.
THIS PROMISSORY NOTE IS ASSIGNABLE, DIVISIBLE AND TRANSFERABLE AND SHALL BE GOVERNED AND CONSTRUCTED IN ACCORDANCE WITH THE LAWS OF SWITZERLAND …..TH OF ...... 2015..
FOR AND BEHALF OF XXXXXXXXXXXXXX.
BANK OFFICER NAME BANK OFFICER NAME
TITLE, TITLE,
PIN NO. PIN NO.