Professional Documents
Culture Documents
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
To: Provider
LETTER OF INTENT
I, xxxxxxxxxxxxx, with xxxxxxxxx passport xxxxxxxxxxx, account holder and
authorized signatory, hereby confirm with full legal and corporate responsibility, that
we are ready, willing and able to undertake for the exchange of the herein described
(“SBLC/BG”) derived from legal sources and of non-criminal origin through our
banking resources under the terms and conditions stated herein, against clean, clear,
good and of non-criminal USD/EUR.
WHEREAS, the Provider accepts Beneficiary’s application for the collateral facility, in
form of SBLC/BG, by issuing and transferring to the Beneficiary all its rights on
SBLC/BG title and any other interest, plus further represents and warrants that it has
the ability and resource to cause the issuance and arrange through associates,
contracts and sources, with full corporate responsibility, such financial instrument(s)
as required and as per terms mutually agreed herein. The Provider hereby declares,
under full penalty of perjury, that each SBLC/BG will be backed by good, clean,
cleared, and of non-criminal origin cash Euro funds, free and clear of all liens,
encumbrances and any third party interests.
NOW THEREFORE, the Beneficiary has agreed to receive the instrument(s) and the
Provider has agreed to issue/deliver said instruments based on the following terms
and conditions:
INSTRUMENT DESCRIPTION:
Instrument Type: SBLC/BG - CASH BACKED- ICC Format
Term: One (1) year and one (1) day (Renewable)
Age: Fresh Cut / Newly Issued
Issuing Bank: Barclays Bank or Top 25 banks.
Interest Rate: Zero percent (0%)
Price: 5+2%
Contract amount: (XXXXXX) with rolls of extensions
First Tranche: AS AGREED
Denominations: XXXX.
Consultant Fees: Lessee and Lessor Sides Share One Percent (1%) equally.
Screen: Euroclear only.
Transaction Model: Pre-Advice from Lessor’s bank first via MT799.
Delivery: MT-760 to Lessee’s bank with Hard Copy to follow in seven (7)
banking days by bank bonded courier.
Payment: By unconditional SWIFT Wire Transfer – MT103.
Beneficiary: XXXXXXXXXXX
TRANSACTION PROCEDURE:
1/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
1. Lessee submits Letter Of Intent (LOI) with full banking coordinates (there must be
sufficient cash funds in this account), Enlarged 140% Colour copy of Passport , Client
Information Sheet , Certificate of Incorporation (if applicable), Corporate Resolution
(if applicable), Non-Solicitation Statement, and an Irrevocable Fee Protection
Agreement .
2. After conducting due diligence, the lessor will countersigns & seal the RWA/LOI
and return it to lessee with the lessor full banking coordinates. Lessee will be required
to establish customer status with our bank by opening a business account with us
(Barclays bank) with initial/activation deposit of at least GBP £35,000 to avoid upfront
fees. Meanwhile, the lessee may decide to withdraw the deposit and close this
account at the end of this transaction or keep it for further transactions after
the first transaction is successfully completed.
3. Within two (2) banking days after the account opening process, the issuing bank
will issues a Pre-advice by MT799 to the Lessee’s designated bank for verification.
4. Within 3 banking days upon verification of the MT799 Pre-advice on bank to bank
basis, Lessee will instruct his bank to issue a Swift conditional ICBPO or
Confirmation letter to the provider’s designated bank account for first tranche.
6. Within 20 banking days upon verification and authentication and validation of the
bank instrument on bank to bank basis, lessee bank will effect payment of the leasing
fees 5% and 2% agent fees by MT103.
7. Within 7 banking days after receipt of full payment of the leasing fees 5%and 2%
commission to agents, the provider’s bank will deliver the hard copy of the bank
instrument to the lessee's bank by bank bonded courier.
2/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
8. Should lessee fails to pay the 5% leasing fees within allowed time Stipulated in the
agreement after confirmation of BG/SBLC in lessee’s bank account, provider will
instruct the issuing bank to put a claim on the bank instrument thereby forcing the
lessee's bank to return the bank instrument BG/SBLC to the issuing bank.
All subsequent tranches will be based on the same procedures until collateral or
funds become exhausted.
Notice: This is a private sale between two entities and is not to be construed as an
offer of funds nor a sale of securities as defined in the Securities Act of 1933/34
OTHER CONDITIONS:
3/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
All THE parties hereby affirm and attest that each has the authority to accept and
execute this full legal contract and to be bound by its terms and condition.
BY SIGNING THIS LOI, ALL THE PARTIES, SBLC/BG ISSUER BANK, LESSEE BANK,
LESSEE AND LESSOR AGREE UNDER THE LAWS AND TRADING GUIDELINES SET
FORTH BY THE ICC THAT THEY ARE READY WILLING AND ABLE TO COMPLETE THIS
TRANSACTION UNDER THE TERMS AND CONDITIONS STATED WITHIN THIS LETTER
OF INTENT.
AGREED AND SIGN THIS DATE 12 May 2023 FOR AND ON BEHALF OF
LESSEE
<SEAL>
___________________________
NAME:
TITLE: DIRECTOR
PASSPORT NO.:
DATE OF ISSUE:
DATE OF EXPIRATION:
NATIONALITY:
<SEAL>
___________________________
NAME:
TITLE:
PASSPORT NO:
PLACE OF ISSUE:
DATE OF ISSUE:
DATE OF EXPIRATION:
NATIONALITY:
Exhibit A
FORMAT OF PRE-ADVICE
4/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
via MT799
5/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
FOR VALUE RECEIVED, WE, (NAME & ADDRESS OF ISSUING BANK), HEREBY
IRREVOCABLY AND UNCONDITIONALLY, WITHOUT PROTEST AND
NOTIFICATION, PROMISE TO PAY AGAINST THIS BANK GUARANTEE TO THE
ORDER OF (NAME OF BENEFICIARY), THE BEARER OR HOLDER THEREOF, AT
MATURITY THE SUM OF €XXXXXXXXXXX (AMOUNT IN WORDS) IN THE LAWFUL
CURRENCY OF EUROPEAN UNION, UPON SURRENDER AND PRESENTATION
OF THIS BANK GUARANTEE AT OUR OFFICE AT (ADDRESS OF ISSUING BANK).
.
SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF AND FREE AND CLEAR OF
ANY DEDUCTION OR CHARGE, FEE OR WITHOLDING OF ANY NATURE
PRESENTLY OR IN THE FUTURE IMPOSED, LEVIED, COLLECTED, WITHELD OR
ASSESSED BY THE GOVERNMENT OF (ISSUING COUNTRY) OR ANY POLITICAL
SUBDIVISION OR AUTHORITY THEREOF OR THEREIN.
.
THIS BANK GUARANTEE IS FREELY TRANSFERABLE, ASSIGNABLE AND
DIVISIBLE WITHOUT PRESENTATION OF IT TO US AND WITHOUT THE PAYMENT
OF ANY TRANSFER FEE OR CHARGE.
.
THIS BANK GUARANTEE IS SUBJECT TO THE UNIFORM RULES FOR DEMAND
GUARANTEE AS SET FORTH BY THE INTERNATIONAL CHAMBER OF
COMMERCE, PARIS, FRANCE, ICC PUBLICATION NO. 758, 2010 REVISION.
.
THIS BANK GUARANTEE SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF (ISSUING COUNTRY).
.
ALL BANKING CHARGES ARE FOR THE ACCOUNT OF APPLICANT.
.
THIS IS AN OPERATIVE INSTRUMENT AND NO FURTHER MAIL CONFIRMATION
WILL FOLLOW.
UNQUOTE>>
.
FOR AND ON BEHALF OF
(NAME AND ADDRESS OF ISSUING BANK)
COMPUTERIZED SIGNATURE OF AUTHORIZED BANK OFFICER #1
COMPUTERIZED SIGNATURE OF AUTHORIZED BANK OFFICER #2
-------------------------------Message Trailer-------------------------------
Exhibit B
BANK CONFIRMATION LETTER
6/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
via MT 199
(From Lessee’s Funding Bank to Lessor’s SBLC/BG Issuing Bank)
Ref no.:
Transaction Code:
Date:
To:
Attention:
Dear Sirs,
At the request of our client, Messrs (NAME OF LESSEE’S COMPANY), we, (NAME
OF LESSEE’S FUNDING BANK), located at (Bank Address), hereby confirm that
(NAME OF LESSEE’S COMPANY) is ready to receive and fund the SBLC/BG in total
face value €XXX, 000,000.00 (XXXXX Billion Euros Only) to be issued by (NAME OF
ISSUING BANK) in tranches.
We also confirm that after we have received your MT-799 PRE-ADVICE, we will
issue MT-103/23 (or via MT760/799) ICBPO to your bank.
Exhibit C
TEXT FORMAT OF SWIFT ICBPO
via MT103/23 or MT799, MT760
7/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
-------------------------------Message Trailer----------------------------
Exhibit D
SBLC/BG VERBIAGE
via SWIFT MT760
8/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
9/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
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LESSOR’S CODE:
LESSEE’S CODE :
10/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
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LESSOR’S CODE:
LESSEE’S CODE :
11/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
12/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
1. Lessee’s Name:
Company’s name
Registered Address
Contact Address
Directors
Business Registration No.
Telephone No. -
Facsimile No.
3. Legal Counsel:
Address
Telephone No.
Facsimile No.
Email Address
4 Lessee’s Banking:
Name of Bank
Bank Address
Account Name
Account Number
Account Signatory
S.W.I.F.T. Code
Bank Officer / Title
Telephone No.
Facsimile No.
E-Mail:
5 Funds Information:
Origin: Funds by Business earning
Amount available for this transaction: .....................................
Are funds clean and clear? YES
………………………
Signatory Name:
Title: Director
Passport No.:
Country:
Date of Issue:
Date of Expiration:
BOARD RESOLUTION
THIS IS TO CERTIFY THAT THE BOARD OF DIRECTORS OF XXXXXX HAVING IT’S
CONTACT ADDRESS AT NO.XXXXXXX (HEREINAFTER REFERRED TO AS THE
“COMPANY”) HAVING A BOARD OF DIRECTORS MEETING WHICH WAS DULY AND
REGULARLY CALLED, NOTICED AND HELD ON 12 MAY 2023, AT THE COMPANY’S
ABOVE REFERENCED CONTACT ADDRESS AT WHICH THERE WAS PRESENT A
QUORUM THEREOF, WHEREIN THE FOLLOWING RESOLUTIONS WERE
UNANIMOUSLY ADOPTED, TO WIT:
14/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
____________________________
NAME:
TITLE: OWNER / DIRECTOR
PASSPORT №:
PLACE OF ISSUE:
DATE OF EXPIRY:
15/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
<SEAL>
________________________
For and on behalf of Lessee
Name:
Title: DIRECTOR
Passport No.:
Nationality:
16/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
NON-SOLICITATION LETTER
I, Lessee name, title, with Passport #, , do hereby confirm that I have requested of
you and your associates, specific confidential information and documentation
regarding a currently available Private Placement Program to serve for our interest,
purposes and understanding only, and not for further distribution. We are hereby
agreeing to keep all information received by you as STRICLY CONFIDENTIAL AND
PROPRIETARY.
I hereby declare that I am fully aware that the information presented by you is not in
any way considered or intended to be solicitation of funds of any sort, or any type of
offering, but is intended for general knowledge and educational purposes only. I
affirm that I have requested information from you and your associates of my own
choice and free will, and further that you have not solicited me in any way.
I understand that the completed transaction is strictly one of private placement, and
that it is in no way relying upon or relating to the United States Securities Act of 1933
or related regulations, and it does not involve the sale of registered securities.
<SEAL>
___________________________
For and on behalf of Lessee
Name:
Title: DIRECTOR
Passport No.:
Nationality:
17/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
18/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
general knowledge only. We hereby affirm, under penalty of perjury, that we have
requested information from you and your organization by our choice and free will,
and further that you have not solicited us in any way. Intermediaries are NOT
Advisors of any kind.
Parties to this agreement are independent contractors and all contemplated
payments and/or disbursements hereunder are divided interests. Nothing in this
agreement construes or creates a partnership or employer/employee relationship
between or among the parties hereto. All taxes, federal, state or other are the
independent responsibility of each of the parties hereto.
The above stated codes, (the Lessor’s code to be provided by the Lessor) and any
other identification codes shall remain the same and shall not be changed until this
transaction including any renewals, extensions and additions are fully completed and
we agree to respect those. The transaction code may be amended only by
agreement between all parties hereto. This transmission via facsimile will be
accepted as an original and I confirm that I have authority to execute this Pay Order.
Irrevocable Fee Protection / Irrevocable Pay order for Consultant Fees of Two
Percent (2%) of the face value from each and every tranche of this transaction,
including any rolls or extensions, to be paid to Lessee’s broker only:
19/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
Paymaster Name
Paymaster Address
Paymaster Telephone
Paymaster Fax
Paymaster Email
Bank Name
Bank Address
Bank Officer
Bank Telephone
Bank Fax
SWIFT Code
ABA Routing
Account Name
Account Number (IBAN)
Beneficiary
Special Instructions SEND PRE-ADVICE PRIOR ON SENDING CASH
FUNDS TO LEGITIMATE BENIFICIARIES AND
PAYMASTER FOR NOTIFICATION PURPOSES.
Required Instructions Text Message: The S.W.I.F.T. or Clear Stream text
message covering all remittances shall clearly state the
following: “THE REMITTER IS KNOWN TO US. THIS
IS DONE WITH FULL BANKING RESPONSIBILITY
AND WE ARE SATISFIED AS TO THE SOURCE OF
FUNDS SENT TO US.” FOR SAME DAY
SETTLEMENT.
Special Instructions Same Day Transfer and Immediate Credit -
CURRENCY: Euro or US Dollars. All Wire transfers
shall incorporate below Text Message and a copy of
Bank Wire Transfer slip shall be emailed to: XXXXXXX
for legal verification and documentation pursuant to
Patriot Act/Banking regulations with One Original
Contract copy to be filed with Bank
20/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
Paymasters may change their receiving banks by serving prior notice in writing to
Lessee/payor within 8 banking hours thereof. Paymasters shall issue their own
respective payment orders for all beneficiaries/consultants identified within their own
groups per addendum a for profits received specific to this agreement and said
payment orders shall be lodged with their bank officers as herein written for
implementation.
All profit transfers specific to this agreement are to be made by wire or internal bank
transfers and transferred immediately upon closing of each transaction or tranche or
as soon thereafter as banking processes allow without liens or delays of any kind
whatsoever.
Lessee as Master Paymaster and its bank coordinate for payment of fees:
Bank:
Address:
S.W.I.F.T.:
Account Name:
Account No.:
Acct. Signatory Name:
Bank Officer:
Bank Officer Tel:
Bank Officer Fax:
21/22
Lessor’s Initial Lessee’s Initial
LESSEES LETTERHEAD
TRANSACTION CODE:
LESSOR’S CODE:
LESSEE’S CODE :
This agreement will become an integral part and included within the purchase
agreement/letter of intent/transaction contract identified with transaction code:
XXXXXXX, Lessor’s code: xxxxxxxxxxxxx, and Lessee’s code:
XXXXXXXXXXXXXXXXXXXXXXX as soon as the contract becomes valid and
signed. If no transaction is completed under the aforesaid transaction, Lessor, and
Lessee codes collectively, then no obligation to the beneficiaries/consultants and any
other parties under this agreement is established.
The signatory hereof avers and confirms that he has the power and authority to
execute this irrevocable fee agreement and pay order.
<SEAL>
_____________________________ Date: 12 May 2023
Name:
Title:
Passport No.:
Country:
Issue Date:
Expiry Date:
22/22
Lessor’s Initial Lessee’s Initial