APPENDIX A
BANK RWA LETTER in placeof ATV on Bank Letterhead
Those who do not want to send ATV, may send this Bank RWA letter with
their LOI to get it countersigned by the Provider).
We are Ready, Willing and Able to issue ICBPO on our client instructions
after receiving Countersigned Contract from the Provider.
Bank Officer Signature and Stamp
BANK OPINION LETTER APPROVING OUR VERBIAGE OF ICBPO ON BANK LETTERHEAD
(Addressed to the PROVIDER or to its own client)
WE AGREE WITH THE VERBIAGE OF THE BLOCKFUNDS MT 799 OR OF ICBPO 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:
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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 ARE CURRENTLY PUT ON ADMINISTRATIVE HOLD FOR THE BENEFIT OF
(BENEFICIARY NAME), FOR THE PERIOD OF 90 DAYS OR TILL THE TRANSACTION
…(TRANSACTION CODE)………………………………..IS COMPLETED, WHICHEVER IS
EARLIER. 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
TITLE
PIN NO:
BANK OFFICER NAME
TITLE
PIN NO:
ACCEPTABLE DRAFT OF ICBPO
SWIFT INPUT: MT 799
REGARDING
TRANSACTION CODE: …………………………………….
IRREVOCABLE CONDITIONAL BANK PAYMENT ORDER via MT-799
SENDER:
BANK:
BANK OFFICER:
PHONE NUMBER:
FAX NUMBER:
S.W.I.F.T. CODE:
ACCOUNT NUMBER:
ACCOUNT HOLDER:
BY THE ORDER OF:
RECEIVER:
BANK NAME:
BANK ADDRESS:
SWIFT CODE :
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ACCOUNT NAME:
ACCOUNT NUMBER:
BANK OFFICER:
BANK TELEP NO.:
DATE OF ISSUE;
DATE OF EXPIRE:
TRANSACTION CODE:
NARRATIVE:
WE, ____________ BANK NAME____________REPRESENTED BY THE UNDERSIGNED
OFFICERS HEREBY OPEN OUR IRREVOCABLE, ASSIGNABLE, TRANSFERABLE, CONFIRMABLE AND CONDITIONAL BANK PAYMENT ORDER IN FAVOR OF ……………………. FOR THE
THE SUM OF XXXXXXXXXXX DUE 90 DAYS FROM THE DATE OF THE TRANSMISSION OF
THIS SWIFT WHICH IS:____ (DATE) OR UNTIL THIS TRANSACTION IS COMPLETED
WHICHEVER ONE COMES FIRST. 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.
PAYMENT IS AVAILABLE ON THE BENEFICIARY'S FIRST WRITTEN DEMAND VIA BANK WIRE
TRANSFER UPON THE SUCCESSFUL COMPLETION OF THE TRANSACTION AS CONTAINED
IN TRANSACTION CODE NO:XXXXXXX WE ALSO CONFIRM THAT PARTIAL DRAWINGS AND
MULTIPLE PRESENTATIONS ARE ACCEPTABLE.
WE, ENGAGE WITH YOU THAT THE DRAFTS DRAWN UNDER AND IN COMPLIANCE WITH
THE TERMS OF THIS IRREVOCABLE, CONDITIONAL BANK PAYMENT ORDER SHALL BE
DULY HONORED ON THE PRESENTATION TO US.
THIS IRREVOCABLE, CONDITIONAL BANK PAYMENT ORDER IS SUBJECT TO UNIFORM
CUSTOM AND PRACTICE FOR DOCUMENTARY CREDIT (1993 EDITION) I.C.C. PUBLICATION
NUMBER 500.
THIS BANK PAYMENT GUARANTEE IS CASH-BACK AND IT SHALL EXPIRE ON:….
FOR AND ON BEHALF OF …………………(FULL NAME AND ADDRESS OF ISSUING BANK)
END OF TRANSMISSION:
BANK OFFICER (1)
NAME:
TITLE:
BANK OFFICER (2)
NAME:
TITLE:
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