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  • Excess LC Limit-HSBC

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    Zahed Ibrahim
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    Habiganj Agro Limited is requesting an excess letter of credit limit of USD 1 million or equivalent BDT from HSBC for importing raw materials like sugar, flour, and milk powder to reduce production costs. The company is one of the leading agro product producers and packagers with a large export and local market potential. As security, the company is offering undated security checks and a personal guarantee from the directors given the long-standing relationship with the bank.

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    Excess Lc Limit-HSBC

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    Habiganj Agro Limited is requesting an excess letter of credit limit of USD 1 million or equivalent BDT from HSBC for importing raw materials like sugar, flour, and milk powder to reduce production costs. The company is one of the leading agro product producers and packagers with a large export and local market potential. As security, the company is offering undated security checks and a personal guarantee from the directors given the long-standing relationship with the bank.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views2 pages

    Excess LC Limit-HSBC

    Uploaded by

    Zahed Ibrahim
    Habiganj Agro Limited is requesting an excess letter of credit limit of USD 1 million or equivalent BDT from HSBC for importing raw materials like sugar, flour, and milk powder to reduce production costs. The company is one of the leading agro product producers and packagers with a large export and local market potential. As security, the company is offering undated security checks and a personal guarantee from the directors given the long-standing relationship with the bank.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    January 8, 2020

    Andalib Mirza
    Relationship Manager
    Hongkong and Shanghai Banking Corporation Ltd.
    Shanta Western Tower
    186, Bir Uttam Mir Shawkat Ali Road, Tejgaon I/A
    Dhaka-1208

    Subject: Request for an excess LC (Raw material) limit amounting USD 1.00 Million or
    equivalent BDT, A/C–Habiganj Agro Limited

    Dear Sir,

    We are one of the leading companies for producing & packaging qualified Agro products. A large
    potential export market as well as local market are waiting for these kinds of products. Currently we
    are importing bulk commodity items like sugar, flour, milk powder etc. to reduce our production cost
    and business require an excess raw material LC limit of USD 1.00 Million or equivalent BDT over
    existing limit.

    Facility Amount in BDT Security


    LC USD 1.00 Million or  Undated Security cheques
    equivalent BDT  Personal Guarantee of directors

    Therefore, on the basis of our proven creditworthiness and long lasting relationship with you, it’s our
    utmost request to please take necessary steps for the above noted facility as requested.

    We are looking forward to our mutual beneficial relationship strengthen more in coming days.

    Yours truly,

    Authorized Signature

    January 8, 2020
    Andalib Mirza
    Relationship Manager
    Hongkong and Shanghai Banking Corporation Ltd.
    Shanta Western Tower
    186, Bir Uttam Mir Shawkat Ali Road, Tejgaon I/A
    Dhaka-1208

    Subject: Request for an excess LC (Raw material) limit amounting USD 4.00 Million or
    equivalent BDT , A/C–PRAN Dairy Limited

    Dear Sir,

    We are one of the leading companies for producing & packaging qualified Agro products. A large
    potential export market as well as local market are waiting for these kinds of products. Currently we
    are importing bulk commodity items like sugar, flour, milk powder etc. to reduce our production cost
    and business require an excess raw material LC limit of USD 4.00 Million or equivalent BDT over
    existing limit.

    Facility Amount in BDT Security


    LC USD 4.00 Million or  Undated Security cheques
    equivalent BDT  Personal Guarantee of directors

    Therefore, on the basis of our proven creditworthiness and long lasting relationship with you, it’s our
    utmost request to please take necessary steps for the above noted facility as requested.

    We are looking forward to our mutual beneficial relationship strengthen more in coming days.

    Yours truly,

    Authorized Signature

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