The Client Will Have to Follow This Clause in Our Doa Procedure

APPENDIX A

BANK OPINION LETTER

(PLEASE NOTE THAT THE FOLLOWING BANK OPINION LETTER WILL BE REQUIRED BY US ALONG WITH YOUR LOI. THE CLIENT IS REQUIRED TO SENDMT799 BLOCKFUNDS THROUGH SWIFT FOR RECEIVING BG/SBLC, AFTER THE CLIENT RECEIVES OUR COUNTERSIGNED CONTRACT FROM THEBG/SBLC PROVIDER. IT IS NEITHER ANY COMMITMENT OF PAYMENT NOR ANY TYPE OF RWA FROM CLIENT. IT IS JUST AN OPINION LETTER ABOUT OUR VERBIAGES AS BELOW).

THE CLIENT WILL HAVE TO FOLLOW THIS CLAUSE IN OUR DOA PROCEDURE:

(B) LESSEE/BUYERPROVIDES HIS BANK OPINIONLETTER REGARDING ACCEPTANCE OF OUR VERBIAGE OF OUR SWIFT MT-799 (AS PER “APPENDIX A” TO LESSOR’S/SELLER’S DESIGNATED RECEIVING BANK ALONG WITH HIS LOI.

BANK OPINION LETTER APPROVING OUR VERBIAGE

OF MT799 BLOCKFUNDS ON BANK LETTERHEAD

(Addressed to the PROVIDER or to its own client)

WE AGREE WITH THE VERBIAGE OF THE BLOCKFUNDS MT 799 AS GIVEN IN APPENDIX A.

BANK OFFICER: (……………..NAME, SIGN AND SEAL…………..)

APPENDIX A

ACCEPTABLE DRAFT OF

PROOF OF FUNDS – BLOCK FUNDS

SWIFT INPUT: MT 799

PROOF OF FUNDS – BLOCKED FUNDS

REGARDING

TRANSACTION CODE: …………………………………….

SENDER

BANK NAME:

BANK ADDRESS:

BANK TEL/ FAX:

BANK OFFICER NAME:

SWIFT CODE:

ACCOUNT NAME:

ACCOUNT NO:

RECEIVER

BANK NAME:

BANK ADDRESS:

BANK OFFICER NAME:

SWIFT CODE:

ACCOUNT NAME:

ACCOUNT NO:

BANK TEL / FAX:

WE,------THE BANK, HAVING AN ADDRESS AT------, HEREBY CONFIRM WITH FULL BANK RESPONSIBILITY AND LIABILITY THAT OUR CLIENT------HAS ON DEPOSITS WITH OUR BANK UNDER THEIR SOLE SIGNATURE IN ACCOUNT NUMBER------(or IBAN NUMBER: ------), FOR THE THE SUM OF XXXXXXXXXX MILLION

THESE FUNDS ARE CLEAN, CLEARED, OF NON-CRIMINAL ORIGIN AND ARE FREE OFANY LIENS AND ENCUMBRANCES AND ARE AVAILABLE TO THE CLIENT WITHOUT ANY RESTRICTIONS.

THESE FUNDS ARECURRENTLY PUT ON ADMINISTRATIVEHOLD FOR THE BENEFIT OF (BENEFICIARY NAME), FOR THE PERIOD OF 45 DAYS OR TILL THE TRANSACTION …………………………………..IS COMPLETED, WHICHEVER IS EARLIEST. THIS INSTRUMENT WILL REMAIN VALID UNTILL THE END OF THIS TRANSACTION. THIS INSTRUMENT WILL AUTOMATICALLY EXPIRE IF PRE-ADVICE MT799 OR MT760 IS NOT RECEIVED BY US WITHIN 10 BANKING DAYS OF ITS ISSUING DATE.

THIS INSTRUMENT IS VERIFIABLE AND CONFIRMABLE BY RESPONSIBLE BANK INQUIRY AND IS SUBJECT TO THE UNIFORM COMMERCIAL CODE AND IS GIVEN FOR AND ON BEHALF OF …………………………………., THE ISSUER.

BANK OFFICER NAME BANK OFFICER NAME

TITLE TITLE

PIN NO: PIN NO: