You are on page 1of 20

FINANCIAL COOPERATIVE

AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

BANKERS DRAFT
THE HONGKONG AND SHANGHAI BANKING
CORPORATION (UK)
PRIVATE TRANSACTION

EURO XXX MILLION DOLLARS WITH ROLLS AND EXTENSIONS


THURSDAY, JULY 27, 2016

_________ LIMITED
NAME : MR. ___________
PASSPORT NUMBER : ___________
[HEREIN KNOWN AS PROVIDER]

AND

___________ LIMITED
Hong Kong
[HEREIN KNOWN AS FUNDER]

THIS AGREEMENT MADE ON THIS


JULY 27, 2016
between the following parties:

3 24 2016 :
THE BANKERS DRAFT PROVIDER (PROVIDER)
COMPANY/NAME
REGISTERED
ADDRESS

Party As initials:

Page 1 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

COMPANY LICENSE
REPRESENTED BY
POSITION
PASSPORT NUMBER
Hereinafter referred to as Party A. :
AND
THE BANKERS DRAFT RECEIVER (FUNDER) /
COMPANY NAME
COMPANY ADDRESS
COMPANY LICENSE
REPRESENTED BY
POSITION
PASSPORT NUMBER

Hereinafter referred to as Party B. /:


Party A and Party B are collectively hereinafter referred to as Both Parties.

WHEREAS, Both Parties hereto declare that they are desirous of entering into this
Agreement for financing the BANKERS DRAFT (BANKERS DRAFT) for investment
contemplated herein with each other for mutual benefit.
: (BANKERS DRAFT)

WHEREAS, Both Parties are willing to cooperate in finance with their respective
capabilities; Party B is ready to cooperate with Party A based on its readiness in funds
facility for the development of new cities, and humanitarian projects in the aim of improving
social benefits. This cooperation shall work on the BANKERS DRAFT(s) provided by Party A
as the collateral against the finance, and once Party Bs funds are in place, Party A will be
paid by the Party B as agreed.
, ,
, (BANKERS DRAFT),
, ,
WHEREAS, Both Parties hereto declare that each of them has all the right to use or choose
whatever company assigned for the above financing and each of them is legally
empowered and fully authorized to execute and accept this Agreement and agrees to be
bound by the terms and conditions.

Party As initials:

Page 2 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

Now therefore through amicable consultation and under the principal of mutual trust,
equality and reciprocity, Both Parties have reached this Agreement with the terms and
conditions as follows:

DESCRIPTION OF BANK INSTRUMENT:


INSTRUMENT

BANKERS DRAFT (BANKERS DRAFT)

INTERESTE RATE

Zero Percent (0%) Coupon

TERM

One (1) Year and One (1) Day

ISSUING BANK

HSBC, United Kingdom

RECEIVING BANK

HSBC, Hong Kong Branch

CURRENCY

EURO

CONTRACT AMOUNT

Two Hundred Million Euro (Euro 200,000,000.00) with Rolls and


Extensions.

FINANCING RATE

Seventy Percent (70%) + Two Percent (2%) of the BANKERS


DRAFTs Face Value
70%+2%

CONSULTANT FEE

1% each for both parties intermediaries, total 2%


1%, 2%

MODE OF PAYMENT

By wire transfers (T/T) within Three (3) banking days after receipt
of the BANKERS DRAFT (BANKERS DRAFT) for First tranche, and
within Thirty (30) banking days for Second Tranche, after receipt
of the SWIFT MT-110 by Funder
BANKERS DRAFT 3
30 T/T

DELIVERY

By SWIFT MT-110, hard copy to be delivered via bank bonded


courier within seven (7) banking days.
SWIFT MT110 , 7

PROCEDURE:

1. Provider (Party A) signs and sends this Agreement to Funder (Party B) together with a
BANKERS DRAFT sample, its Full Bank Coordinates, Client Information Sheet (CIS),

Party As initials:

Page 3 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

Resolution of the Board of Directors, Non-Circumvention and Non-Disclosure Agreement


(NCND), Scanned Color Copy of 140% Enlarged Signatorys Passport, Certificate of
Incorporation, Business Registration Certificate, and other Appendix documents.

()() BANKERS DRAFT (


A)(CIS)(NCND)
140%
2. Within Three (3) bank working days after receipt and successful authentication of
Providers documents, Party B will sign and send this Cooperative Financial Agreement
to Party A together with its Full Bank Coordinates, Scanned Color Copy of 140%
Enlarged Signatorys Passport, Certificate of Incorporation, Business Registration
Certificate and other Appendix documents for Party A to verify and put on record filing.
This Agreement upon being signed by Both Parties shall then become a formal legally
binding contract between Both Parties.

3
140%

3. Within 3 banking days after signing the agreement by both parties, for fresh cut
BANKERS DRAFT, Party As issuing bank shall issue a bank certification of

authenticity as per Appendix A in favour of Party Bs designated receiving


party via SWIFT MT110 to Party B designated receiving bank for final
confirmation. Party A will firstly send the scan of the bank certification of
authenticity by Email to Party B for tracing. For seasoned BANKERS DRAFT,
Party A will hand deliver original hard copy of the BANKERS DRAFT to Party Bs
bank for verification and endorsement before SWIFT MT110.
3 BANKERS DRAFT, SWIFT
MT110 A
SWIFT MT110 Email BANKERS DRAFT,
, MT110

4. Within 3 working days after Party Bs positive confirmation of SWIFT MT-110 issued by
issuing bank, Party A shall send the BANKERS DRAFT original of Five Hundred Million
USD (Endorsed by Party As designated beneficiary) to Party-B.

SWIFT MT-110 5
BANKERS DRAFT()
5. Within Three (3) banking days for the 1st tranche upon the receipt and successful
authentication of the MT-110 sent by Party As BANKERS DRAFT issuing bank and
BANKERS DRAFT (BANKERS DRAFT) original, Party B shall be responsible to complete
all compliance documents to settle the agreed project finance of 70% of BANKERS
DRAFT face value and wire the loan (Project Finance Funds) directly to Party As
designated receiving bank account. Party B ensures that the Project Finance Funds are
good, clean, cleared, and from non-criminal origin, also free of any liens and
encumbrances, and are freely transferable and usable for any legal investment or
project investment purposes.

SWIFT MT-110 BANKERS DRAFT


3 70%

Party As initials:

Page 4 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

6. Party B shall simultaneously settle down the consultancy fees of 2% of BANKERS DRAFT
face value to all the beneficiaries designated bank accounts as per the IMFPA, which is
an integrated part of this Agreement.

IMFPA 2% IMFPA

7. Within Seven (7) bank working days after receipt of the remittance of 70% face value of
BANKERS DRAFT, Party A shall cause the issuing bank to deliver the Hard Copies of
SWIFT MT-110 via bank bonded courier to Party Bs BANKERS DRAFT Receiving Bank in
the case of fresh cut BANKERS DRAFT.

BANKERS DRAFT,BANKERS DRAFT 70%


SWIFT MT-110

8. Any Party fails to fulfill the above, will then be considered as breaching the Agreement
and subject to a penalty of 1% of the first tranche contract amount, which is equivalent
to ____ Million Euro (Euro __,000,000.00).

1%

9. All participants must guarantee that they shall execute the Non-Circumvention & NonDisclosure (NCND), and comply with the ICC applicable provisions; otherwise, they shall
bear corresponding responsibility.

NCND ICC

10. Both Parties agree and warrant that each of the parties shall assume his own
responsibility, ensure his own authenticity and perform the terms and conditions
according to the Agreement. All consultants, agents and intermediaries do not bear all
legal liability of false testimony, breach of contract, refund and recourse.

11. Any unauthorized calls by any party or its representative lawyers to probes or
communication of the other partys bank(s) are prohibited without expressed written
permission. Any party attempting to do so will lead to cancellation of the transaction by
the other partys authorized representatives.

DOCUMENTS:

The information and documents shall be provided by Both Parties:

Party As initials:

Page 5 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

After signing of this Agreement, Both Parties shall provide the following information and
documents (as the appendixes in serial numbers), and file this Agreement and the
documents with their respective banks for the record:

1) Related Bank Coordinates and Information;

2) Scanned Copy of Authorized Signatory's Passport;

3) Scanned Copy of Certificate of Incorporation;

4) Scanned Copy of Business Registration Certificate;

5) BANKERS DRAFT via Swift MT-110 format (Appendix A)

SWIFT MT-110 (A)


6) Scanned Copy of BANKERS DRAFT (BANKERS DRAFT) (AppendixB)

BANKERS DRAFT(B)
BANKING INFORMATION:
PROVIDERS BANKERS DRAFT ISSUING BANK COORDINATES:

BANK NAME
BANK ADDRESS
ACCOUNT NAME
ACCOUNT NUMBER
SWIFT CODE
BANK OFFICER
EMAIL
BANK TELEPHONE
BANK FACSIMILE

PROVIDERS BANK COORDINATES TO RECEIVE CASH FUNDS 70% FACE VALUE OF


BANKERS DRAFT VIA T/T:

70%
BANK NAME
BANK ADDRESS
ACCOUNT NAME

Party As initials:

Page 6 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

ACCOUNT NUMBER
SWIFT CODE
BANK OFFICER
EMAIL
BANK TELEPHONE
BANK FACSIMILE

FUNDERS BANKERS DRAFT FUNDING BANK COORDINATES (TO RECEIVE MT110):

BANK NAME
BANK ADDRESS
ACCOUNT NAME
ACCOUNT NUMBER
SWIFT CODE
BANK OFFICER
EMAIL
BANK TELEPHONE
BANK FACSIMILE

NOTICE:

Any attempt, by any of the parties to this financing, to communicate with any bank(s)
involved in this financing, by telephone, is strictly prohibited. All communications must be
conducted, on a bank-to-bank basis, or as per the agreed upon and accepted procedures.
Any breach of this condition will cause this financing to be aborted and forfeited. All notices,
requests, demands, and other communications under this Agreement shall be in writing and
shall be deemed to have been duly given if delivered or mailed, first-class, postage prepaid,
to the appropriate party at the partys address set forth in this Agreement or to such other
address that shall be designated in writing by the party.

,
, , ,
,,//
, ,

AMENDMENT:

Party As initials:

Page 7 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

This Agreement shall not be changed except by a written notice mutually accepted and
executed by Both Parties.

,
GOVERNING LAW:
This Agreement shall be governed in all respects by the laws of the Hong Kong SAR.

HEADINGS:
The paragraph headings used in this Agreement are included solely for convenience.

INVALIDITY OF PART OF THE AGREEMENT:


In the event that part of the Agreement is invalid, the other provisions of the Agreement
shall remain valid and enforceable.

,
BINDING EFFECT:
This Agreement, including its terms and provisions, shall survive the termination of this
financing, and shall be binding on, inure to the benefit of, and be enforceable by, the
Parties heirs, legal representatives, successors, and assignees.

, ,

SUPPLEMENTAL AGREEMENT:
The outstanding issues will be negotiated by Both Parties and defined with a supplemental
agreement. The supplemental agreement shall be with the same legal effect.

This Agreement shall be made in six (6) copies, Party A and Party B holds two (2) of the
copies respectively, the consultants of each party shall hold one (1) of them. This
Agreement shall come into effect after authorized representatives of Both Parties signed
with their official seals.

EDT (Electronic document transmissions) shall be deemed valid and enforceable in respect
of any provisions of this Contract, and Electronic signature is valid and accepted as hand
signature.

IN WITNESS OF THE FOREGOING, Both Parties have duly executed this Agreement
through their duly authorized signatories under seal as of the October 25, y. This
Agreement shall be effective commencing upon execution of same herein and shall be
enforced immediately with effect from the date.

25/10/y

Party As initials:

Page 8 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

APPROVED AND ACCEPTED BY THE PROVIDER (Party A) :

____________________________________
NAME : MR.
PASSPORT NUMBER:
NATIONALITY :
ISSUING DATE:
EXPIRY DATE:
PLACE OF ISSUE :
APPROVED AND ACCEPTED BY FUNDER (Party B): () :

____________________________________
NAME:
TITLE:
PASSPORT NUMBER:
ISSUING DATE:
EXPIRY DATE:

Party As initials:

Page 9 of 20

Party Bs initials:

10

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

APPENDIX A - BANKERS DRAFT VIA SWIFT MT-110


MT 110 FORMAT
DATE & TIME
UTC
---------- Instance Type and Transmission ------------------------ NOTIFICATION (TRANSMISSION)
OF ORIGINAL SENT TO SWIFT (ACK)
NETWORK DELIVERY STATUS
NETWORK ACK PRIORITY / DELIVERY
: NORMAL MESSAGE
INPUT REFERENCE :
MESSAGE OUTPUT REFERENCE :
---------------------------------Message Header --------------------------------- Swift Input : FIN MT 110
Advice Of Cheque
SENDER:
BANK NAME:
BANK ADDRESS:
ACCOUNT NAME: xxxxx
ACCOUNT NUMBER: xxxxxx
IBAN:
RECEIVER:
BANK NAME:
BANK ADDRESS:
ACCOUNT NAME:
ACCOUNT NO:
INSTITUTION NAME:
Message Text
20 : TRANSACTION REFERENCE NUMBER
21 : CHEQUE NUMBER
30 : DATE OF ISSUE
32A: AMOUNT
52A: DRAWER BANK
59 : PAYEE
79 : NARRATIVE:
FOR VALUE RECEIVED BY US, WE, ............., ON BEHALF OF ............ HEREBY CONFIRM THE
ISSUANCE OF THEBANK DRAFT NO: ........... IN FAVOR OF THE ........., WITH AMOUNT OF EURO
200,000,000.00 (TWO HUNDRED MILLION EUROS ONLY).
PAYMENT IS AVAILABLE UPON THE BENEFICIARY'S PRESENTATION OF ORIGINAL
DRAFT, HEREUNDER MUST BE MARKED, DRAWN UNDER THE DRAFT NO: ...............

DEMAND

WE CONFIRM WITH YOU THAT THE DEMAND-DRAFT UNDER AND IN COMPLIANCE WITH TERMS
SHALL BE DULY HONORED ON DATE OF PRESENTATION TO US.
WE FURTHER CONFIRM THAT THESE FUNDS ARE GOOD, CLEAN, CLEARED, UNENCUMBERED AND
LEGITIMATELY EARNED FUNDS OF NON-CRIMINAL ORIGIN AND FREELY AVAILABLE. THIS
IRREVOCABLE SWIFT IS A BINDING AND FULLY PERFORMED BILL AND IS CALLABLE UPON
MATURITY DATE OF THIS BANK DRAFT ON .................... (ONE YEAR ONE DAY).

THIS IS AN IRREVOCABLE, DIVISIBLE, ASSIGNABLE, TRANSFERABLE, CALLABLE AND


OPERATIVE BANK ISTRUMENT AND IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR
DOCUMENTARY CREDIT IN ACCORDANCE WITH THE ICC PARIS, FRANCE AND PUBLICATION NO.
500.
FOR AND ON BEHALF OF HSBC........

Party As initials:

Page 10 of 20

Party Bs initials:

11

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

AUTHORIZED OFFICER 1:
AUTHORIZED OFFICER 2:
Message Trailer --------------------------------PKI SIGNATURE: MAC - EQUIVALENT
------------------------------------Intervention----------------------------------- CREATION TIME
APPLICATION OPERATION

Party As initials:

Page 11 of 20

Party Bs initials:

UTC

FINANCIAL COOPERATIVE
AGREEMENT

12

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

APPENDIX B - BANKERS DRAFT (BANKERS DRAFT) SAMPLE

Party As initials:

Page 12 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

13

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

APPENDIX C - IRREVOCABLE MASTER FEE PROTECTION


AGREEMENT
DESCRIPTION OF BANK INSTRUMENT:
INSTRUMENT

BANKERS DRAFT (BANKERS DRAFT)

INTERESTE RATE

Zero Percent (0%) Coupon

TERM

One (1) Year and One (1) Day

ISSUING BANK

HSBC, United Kingdom

RECEIVING BANK

HSBC, Hong Kong Branch

CURRENCY

Euro

CONTRACT AMOUNT

___ Hundred Million Euro (Euro X00,000,000.00) with Rolls and


Extensions.

FINANCING RATE

Seventy Percent (70%) + Two Percent (2%) of the BANKERS


DRAFTs Face Value
70%+2%

CONSULTANT FEE

1% each for both parties intermediaries, total 2%


1%, 2%

MODE OF PAYMENT

By wire transfers (T/T) within Three (3) banking days after receipt
of BANKERS DRAFT original for First tranche, and within Thirty
(30) banking days for Second Tranche, after receipt of the SWIFT
MT-110 by Funder
BANKERS DRAFT 3
30 T/T

DELIVERY

By SWIFT MT-110, hard copy to be delivered via bank bonded


courier within seven (7) banking days.
SWIFT MT110 , 7

PARTY B HEREBY IRREVOCABLY GUARANTEE WITH FULL PERSONAL AND CORPORATE


RESPONSIBILITY AND AUTHORITY, UNDER PENALTY OF APPLICABLE PERJURY LAWS, AGREE
TO ACT AS PAYER TO PAY THIS IRREVOCABLE MASTER FEE PROTECTION AGREEMENT WITH

Party As initials:

Page 13 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

14

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

AN IRREVOCABLE CORPORATE PAYMENT ORDER WHICH IS AN INTEGRAL PART OF ABOVE


CODED AGREEMENT IN THE TOTAL AMOUNT OF TWO PERCENT (2%) OF THE TOTAL FACE
VALUE OF THE BANK INSTRUMENT.
TOTAL TWO PERCENT (2%) CONSULTANCY - ONE PERCENT (1%) PARTY A SIDE AND ONE
PERCENT (1%) PARTY B SIDE; WHICH SHALL BE PAID TO THE BELOW BANK ACCOUNT/S OF
THE BENEFICIRIES FOR DISTRIBUTION AND WHICH SHALL INCLUDE ALL ROLLS AND
EXTENSIONS.
THE 2% OF FULL FACE VALUE OF BANKERS DRAFT, INCLUDING ROLLS AND EXTENSIONS,
SHALL BE SPLIT AND PAID, AS FOLLOWS:
THE PARTY A CONSULTANT: ONE PERCENT (1%) OF FACE VALUE OF BANKERS
DRAFT CONSULTANCY FEE WILL BE PAID TO THE FOLLOWINGS INCLUDING ANY
ROLLS AND EXTENSION:
BANK NAME
BANK ADDRESS
ACCOUNT NAME
ACCOUNT NUMBER
SWIFT CODE
SPECIAL
INSTRUCTIONS

WIRE ALL TRANSFER INSTRUCTIONS SHALL STATE: FUNDS ARE


CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN AND ARE
PAYABLE
IN
CASH
IMMEDIATELY
UPON
RECEIPT
BY
PAYMASTERS BANK.

THE PARTY B CONSULTANT: ONE PERCENT (1%) OF FACE VALUE OF BANKERS


DRAFT CONSULTANCY FEE WILL BE PAID TO THE FOLLOWINGS INCLUDING ANY
ROLLS AND EXTENSION:
BANK NAME
BANK ADDRESS
ACCOUNT NAME
ACCOUNT NUMBER
SWIFT CODE
SPECIAL
INSTRUCTIONS

Party As initials:

WIRE ALL TRANSFER INSTRUCTIONS SHALL STATE: FUNDS ARE


CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN AND ARE
PAYABLE
IN
CASH
IMMEDIATELY
UPON
RECEIPT
BY
PAYMASTERS BANK.

Page 14 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

15

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

THIS AGREEMENT/IRREVOCABLE CORPORATE PAYMENT ORDER AND THE PAYMENT OF


COMMISSIONS HEREIN ARE SUBJECT TO THE INTERNATIONAL CHAMBER OF COMMERCE
ICC AND THE ICC ARBITRATION ACT AS ADOPTED BY THE ICC OFFICE IN HONG KONG, BY
THREE ARBITRARY APPOINTEES IN ACCORDANCE WITH ICC RULES. ALL NC/ND CLAUSES AS
PRESCRIBED BY ICC RULES (LATEST EDITION) SHALL APPLY TO THIS AGREEMENT AND
PAYMENT ORDER. THIS AGREEMENT AND IRREVOCABLE CORPORATE PAYMENT ORDER IS
IRREVOCABLE, DIVISIBLE, AND UNCONDITIONAL, AND MAY BE ASSIGNED ONLY BY THE
BENEFICIARIES NAMED HEREIN. THIS AGREEMENT AND IRREVOCABLE CORPORATE PAYMENT
ORDER MAY BE EXECUTED IN ONE OR MORE COUNTERPARTS, EACH ONE SHALL BE DEEMED
AN ORIGINAL AND ALL TOGETHER SHALL CONSTITUTE ONE AND THE SAME DOCUMENT.
A SIGNED FAX OR ELECTRONICALLY TRANSMITTED COPY OF THIS DOCUMENT SHALL BE
DEEMED BINDING ON THE PARTIES WITH THE FORCE AS THE SIGNED ORIGINAL. THE
AGREEMENT AND IRREVOCABLE CORPORATE PAYMENT ORDER IS VALID WHEN
COMMENCEMENT OF THE ABOVE-REFERENCED TRANSACTION TAKES PLACE AND SHALL
REMAIN VALID AND ENFORCEABLE FOR THE FULL TERMS OF THE TRANSACTION, INCLUDING
ANY NEW AGREEMENT BETWEEN THE PARTIES AND/OR THEIR ASSIGNS.
THE BENEFICIARIES RESERVE THE RIGHT TO CHANGE THE BANK COORDINATES STATED
HEREIN AT ANY TIME BY PROVIDING WRITTEN REQUEST TO THE PARTY B/PAYER. UPON
EXECUTION OF THE AGREEMENT AND THE FINAL AGREEMENT AND PRIOR TO, OR
SIMULTANEOUSLY WITH THE FIRST TRANSACTION, WE GUARANTEE THAT THIS IRREVOCABLE
MASTER FEE PROTECTION AGREEMENT AND IRREVOCABLE CORPORATE PAYMENT ORDER
WILL BE LODGED WITH THE PARTY B/PAYERS BANK.
THE PARTY B/PAYERS BANK SHALL PROVIDE THE BENEFICIARIES, BY E-MAILS OR BY
TELE/FAX WITH COPIES OF THE SWIFT RELATED TO ALL PAYMENT INSTRUCTIONS UPON THE
CLOSING OF EACH AND EVERY TRANSACTION OF THE ABOVE TRANSACTION.
PARTY B/PAYERS PAYING BANK COORDINATES:
BANK NAME
BANK ADDRESS
ACCOUNT NAME
ACCOUNT NUMBER
SWIFT CODE
BANK OFFICER
EMAIL
BANK TELEPHONE
BANK FACSIMILE

Party As initials:

Page 15 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

16

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

IN THE EVENT THAT THE TRANSACTION WAS NOT PERFORMED OR ONLY PERFORMED IN
PART, THE PAYMASTERS / BENEFICIARIES LISTED ABOVE SHALL NOT HOLD THE
UNDERSIGNED PAYER RESPONSIBLE FOR ANY EXPENSES, CHARGES AND/OR COST, OR
HOLD THE PAYER LIABLE FOR ANY CIVIL AND CRIMINAL ACTIONS. THE UNPERFORMED PART
OF THIS IRREVOCABLE MASTER FEE PROTECTION AGREEMENT WILL THEREFORE
AUTOMATICALLY BECOME NULL AND VOID.
THIS AGREEMENT - PAY ORDER SHALL BE LODGED IN OUR BANK AND A COPY FROM THAT
BANK WILL BE FORWARDED TO ALL BENEFICIARIES.
E-MAILED AND / OR FACSIMILE COPIES OF THIS AGREEMENT SHALL BE DEEMED ORIGINAL.
WE AGREE TO THE ABOVE IRREVOCABLE FEE PROTECTION AGREEMENT IN ITS ENTIRETY.
SIGNED AT THIS THURSDAY, APRIL 14, 2016
FOR AND ON BEHALF OF PARTY A:

_____________________________________
NAME :
PASSPORT NUMBER:
NATIONALITY :
ISSUING DATE:
EXPIRY DATE:
PLACE OF ISSUE :
FOR AND ON BEHALF OF PARTY B:

____________________________________
NAME:
TITLE:
PASSPORT NUMBER:
ISSUING DATE:
EXPIRY DATE:

Party As initials:

Page 16 of 20

Party Bs initials:

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

APPENDIX D - PASSPORT COPY OF PARTY A

Party As initials:

Page 17 of 20

Party Bs initials:

17

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

APPENDIX D COMPANY REGISTRATION OF PARTY A

Party As initials:

Page 18 of 20

Party Bs initials:

18

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

APPENDIX D COMPANY REGISTRATION OF PARTY A

APPENDIX E - PASSPORT COPY OF PARTY B

Party As initials:

Page 19 of 20

Party Bs initials:

19

FINANCIAL COOPERATIVE
AGREEMENT

FUNDING CODE:
FUNDER CODE:
PROVIDER CODE:

APPENDIX F - COMPANY REGISTRATION CERT OF PARTY B

Party As initials:

Page 20 of 20

Party Bs initials:

20