APPENDIX 1

APPLICABLE VERBIAGE OF DLC INSTRUMENT RWA PRE-ADVICE

[TO BE ISSUED BY BUYER’S BANK VIA SWIFT MT199]

MT700 DLC PROVIDER’s BANK DETAILS:

COMPANY NAME:
COMPANY ADDRESS:
COMPANY REG.NUMBER:
REPRESENTED-1/DIRECTOR BY:
PASSPORT No:
DATE OF ISSUE:
DATE OF EXPIRY:
COUNTRY OF ISSUE:
REPRESENTED-2/SIGNATORY BY:
PASSPORT No:
DATE OF ISSUE:
DATE OF EXPIRY:
COUNTRY OF ISSUE:
BANK NAME:
BANK ADDRESS:
ACCOUNT NAME:
IBAN (EUR):
BIC / SWIFT CODE:
BANK OFFICER NAME/PIN:
BANK OFFICER TEL/FAX:
BANK EMAIL:

MT700 DLC Beneficiary’s bank details:

BANK NAME
BANK ADDRESS
SWIFT CODE
BANK CODE
ACCOUNT NAME
ACCOUNT NUMBER
IBAN NUMBER
BANK OFFICER NAME
BANK OFFICER TEL
BANK EMAIL
BANK WEBSITE
SEPA CID

DLC NO.
CURRENCY
BENEFICIARY
AMOUNT
DATE
TRANSACTION CODE : LEGITIMATE/AJIF /CIF/CHINA/2 MBBLS/BLCO
DEAR SIR / MADAM,

PLEASE ADVISE THIS SWIFT IMMEDIATELY TO YOUR CLIENT, ……, ACCOUNT NUMBER: …… AT YOUR BANK,…….

WE, DEUTSCHE BANK AG OF 60254 FRANKFURT AM MAIN, GERMANY, HEREBY CONFIRM WITH FULL BANKING
RESPONSIBILITY THAT ON BEHALF OF OUR CLIENT, RAVENFINANCE GMBH, ACCOUNT NUMBER:
DE80100700000057105900, WITH ACCOUNT OFFICIALLY REPRESENTED BY: MS. LEI BIH-JING EMILIE, PASSPORT
NUMBER: 14DF44742, WE ARE READY, WILLING AND ABLE TO ISSUE OUR IRREVOCABLE, TRANSFERABLE,
DIVISIBLE, ASSIGNABLE, CASH-BACKED, AND CONFIRMABLE DOCUMENTARY LETTER OF CREDIT (DLC) INSTRUMENT
IN THE FACE VALUE OF US$250,000,000.00 (TWO HUNDRED AND FIFTY MILLION UNITED STATES DOLLARS) IN
FAVOUR OF YOUR CLIENT, …………, ACCOUNT NUMBER:………….. WITH YOU TO COVER THE DELIVERY OF 2,000,000
(TWO MILLION) BARRELS OF BONNY LIGHT CRUDE OIL (BLCO) OF NIGERIAN ORIGIN CIF PORT IN CHINA / NNPC
ONSHORE TANK FARM QUINGDAO CHINA IN RESPECT OF THE SIGNED CONTRACT DATED APRIL 15, 2021 BEARING
THE ABOVE TRANSACTION CODE / REFERENCE NUMBER LEGITIMATE /AJIF /CIF/CHINA/2 MBBLS/BLCO AND THE
DLC SHALL BE TRANSMITTED AND CONFIRMED BY SWIFT MT700.

WE FURTHER CONFIRM TO YOU THAT THE DLC IS CASH BACKED, FREE AND CLEARED OF ENCUMBRANCE AND THE
CASH IS GOOD, CLEAN AND CLEAR FUNDS OF NON-CRIMINAL ORIGIN.

FOR CONFIRMATION, YOU ARE ARE ADVISED TO AUTHENTICATE THIS SWIFT MT199 BY REPLYING THROUGH OUR
SECURED DEPARTMENTAL SWIFT CODE.

THIS BANK INSTRUMENT IS SUBJECT TO THE UNIFORM RULES FOR DLC NO 758 UNDER INTERNATIONAL CHAMBER
OF COMMERCE, PARIS, FRANCE, PUBLICATION NO.600 AND ITS LATEST REVISIONS.

FOR AND ON BEHALF OF: DEUTSCHE BANK AG.

_________ ______
BANK OFFUCER BANK OFFICER
TITLE TITLE
PIN PIN

APPENDIX 2
VERBIAGE OF RWA REPLY TO RECEIVE DLC INSTRUMENT VIA SWIFT MT700
[TO BE ISSUED BY SELLER’S FIDUCIARY BANK VIA SWIFT MT199]

Issuing bank details:

BANK NAME
BANK ADDRESS
SWIFT CODE
BANK CODE
ACCOUNT NAME
ACCOUNT NUMBER
IBAN NUMBER
BANK OFFICER NAME
BANK OFFICER TEL
BANK EMAIL
BANK WEBSITE
SEPA CID
Receiving bank details:
COMPANY NAME:
COMPANY ADDRESS:
COMPANY REG.NUMBER:
REPRESENTED-1/DIRECTOR BY:
PASSPORT No:
DATE OF ISSUE:
DATE OF EXPIRY:
COUNTRY OF ISSUE:
REPRESENTED-2/SIGNATORY BY:
PASSPORT No:
DATE OF ISSUE:
DATE OF EXPIRY:
COUNTRY OF ISSUE:
BANK NAME:
BANK ADDRESS:
ACCOUNT NAME:
IBAN (EUR):
BIC / SWIFT CODE:
BANK OFFICER NAME/PIN:
BANK OFFICER TEL/FAX:
BANK EMAIL:

REFERENCE:LEGITIMATE / AJIF/ CIF/CHINA/2 MBBLS/BLCO

DLC NO.
CURRENCY
AMOUNT
ISSUING BANK
ISSUE DATE
MATURITY DATE
EXPIRY DATE
BENEFICIARY

WE, …. WITH ADDRESS AT …. IN RESPECT OF OUR RECEIPT OF YOUR DOCUMENTARY LETTER OF CREDIT
PREADVICE OF xxxx DAY OF XXXXXXXXXX 2022, HEREBY WITH FULL BANK RESPONSIBILITY, CONFIRM OUR
READINESS, WILLINGNESS, AND ABILITY TO RECEIVE YOUR IRREVOCABLE, TRANSFERABLE, DIVISIBLE, ASSIGNABLE,
CASH-BACKED, AND CONFIRMABLE DOCUMENTARY LETTER OF CREDIT (DLC) INSTRUMENT WITH DLC NO.
XXXXXXXXX IN THE FACE VALUE OF US$250,000,000.00 (TWO HUNDRED AND FIFTY MILLION UNITED STATES
DOLLARS) FOR THE BENEFIT OF OUR CLIENT, …., ACCOUNT NUMBER:….. .

FOR AND ON BEHALF OF:

_________ _______
BANK OFFICER BANK OFFICER
TITLE TITLE:
PIN PIN

APPENDIX 3
 VERBIAGE OF DLC INSTRUMENT
[TO BE ISSUED BY BUYER’S BANK OR FIDUCIARY BANK VIA SWIFT MT700]

DOCUMENTARY LETTER OF CREDIT)

….……………………………. Insurance type and Transmission…………………………………

Notification (Transmission) of Original Sent to SWIFT (ACK)
Network Delivery Status: Network ACK

Priority / Delivery: Normal

Message Input Reference:
……….……………………….………Message Header…………….…………………………………..
Swift: Issue of a Letter of Credit
Sender APPLICANTS BANKER'S DETAILS

XXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXX
Receiver

NAME OF BANK:
BANK BRANCH AND ADDRESS:

SWIFT / BIC:
BANK CONTACT NO.:
ACCOUNT NAME:
ACCOUNT NUMBER:
ACCOUNT SIGNATORY:

CC:
…………………………………………..……Message Text……………………………………………….
Sequence of Total
1/1
40A: Form of Documentary Credit

OPERATIVE, IRREVOCABLE, TRANSFERABLE, DIVISIBLE, ASSIGNABLE, CASH-BACKED, AND CONFIRMABLE

DOCUMENTARY LETTER OF CREDIT

Documentary Credit Number …………

31C: Date of Issue ………...
31D: Date and Place of Expiry

365 (THREE HUNDRED AND SIXTY-FIVE) DAYS FROM DATE OF ISSUE

52D: Issuing Bank of Orig D/C Nm & Addr

Applicant …………
Beneficiary
32B: Currency Code and Amount
Currency: USD (US DOLLAR)
Amount: 250,000,000.00

39A: Percentage Credit Amount Tolerance: 5/5

41D: Available With … By …

BANK
ADDRESS
42C: Drafts At …
……………
42A: Drawee …………
43P: Partial Shipments
ALLOWED
43T: Transshipment
NOT ALLOWED
44A: Loading on Board / Despatch / Taking in Charge At/From …
BONNY TERMINAL … / PORT, COUNTRY …NIGERIA ………
44B: For Transportation To …
CIF CHINA WATERS, BONNY LIGHT / NNPC OFFSHORE TANK FARM STORAGE , QINGDAO, CHINA.
44C: Latest Date of Shipment
……………. NOT APPLICABLE…………..
42P: Payment Details
100 PCT AT SIGHT
45A: Descp of Goods and / or Services
BONNY LOGHT CRUDE OIL WITH SPECIFICATION AS PER CONTRACT

WITH TRANSACTION REFERENCE:

46A: Documents Required

BILL OF LADING;
CERTIFICATE OF ORIGIN;
CERTIFICATE OF AUTHENTICITY;
CERTIFICATE OF QUANTITY;
CERTIFICATE OF QUALITY:
MASTER’S RECEIPT FOR SAMPLES;
MASTER’S RECEIPT FOR DOCUMENTS;
CARGO MANIFEST;
TANKER ULLAGE REPORT;
AUTHORITY TO SELL (ATS) DOCUMENT;
DIP TEST AUTHORIZATION (DTA)
Q&Q INSPECTION REPORT;
DISCHARGE CERTIFICATE.
SELLER’S FINAL COMMERCIAL INVOICE;

ANY OTHER DOCUMENT RELATED TO THE TRANSACTION; Documents should

be in English language.

47A: Additional Conditions

THE APPLICANT ISSUES IN FAVOR OF THE BENEFICIARY THIS OPERATIVE, IRREVOCABLE, TRANSFERABLE,
DIVISIBLE, ASSIGNABLE, CASH-BACKED, AND CONFIRMABLE DOCUMENTARY LETTER OF CREDIT TO COVER THE
VALUE OF 2,000,000 BARRELS OR 280,000 METRIC TONS (+/-5% - 10%) BONNY LIGHT CRUDE OIL VALUED AT
US$ 250,000,000.00 (TWO HUNDRED AND FIFTY MILLION UNITED STATES DOLLARS ONLY).

71B: Charges
ALL BANKING CHARGES EXCLUDING L/C ISSUING AND CONFIRMATION CHARGES ARE FOR THE ACCOUNT OF
THE APPLICANT.

48: Period for Presentation

DOCUMENTS MUST BE PRESENTED WITHIN 21 DAYS AFTER CARGO DELIVERY DATE BUT WITHIN THE VALIDITY OF
THE L/C

49: Confirmation Instructions

CONFIRM

57A: Advice Through Bank

BANK
ADDRS

72: Sender to Receiver Information

KINDLY CONFIRM HAVING NOTIFIED AND CONFIRMED L/C TO BENEFICIARY BY RETURN SWIFT
QUOTING YOUR REFERENCE.

FOR AND ON BEHALF OF XXXXXXXXXXXXX BANK

_________________ _____________
BANK OFFICER: BANK OFFICER:
NAME: NAME:
TITLE: TITLE:
PIN: PIN:

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