You are on page 1of 1

NEXT STEP FOR PER ADVICE and ARDLC verbiage.

MT799:
The buyer, Shanghai Baoyuantong Energy (Hong Kong) Co., Ltd will request MT799 from his bank, this will be an essential requirement for
the start of the financial operation that supports this contract.

Data required in MT799: (PLEASE USE ATTACHED MT799 DRAFT)


• ARDLC MT700 issuing bank.
• Address of the branch that will issue the ARDLC MT700.
• Name of bank officers.
• Double signature of bank officials.
• Direct email from bank officers.
• Direct telephone number for bank officers.
Below is an instructive example of how the corresponding MT799 should be sent to achieve effectiveness in the step-by-step procedure, and
in this way streamline times and banking procedures prior to the shipment and issuance of the ARDLC.
The buyer should review this MT799 content and issuance information for the ARDLC MT700 transaction and forward it to the Provider Bank
for review. It will ask the ARDLC provider (Issuing Bank) to add the necessary information to complete the MT799. The ARDLC provider's
banker must send the SWFT MT799 to the seller's bank and the buyer will send directly to the seller and the seller's banker, a courtesy copy
of the MT799 Shipping Slip to the following email accounts.
Email with courtesy copy of MT799, from banking provider ARDLC, to Seller’s financier bank, Fair International trading corp.

MT799 text: WE, (Bank Name) LOCATED AT (Bank Address) REPRESENTED BY THE OFFICIAL (XXXXXXXX), CONFIRM WITH THE TOTAL LIABILITY
OF THE BANK AND THE LIABILITY ON BEHALF OF OUR CLIENT (XXX) WITH THE NUMBER OF ACCOUNT. (XXX) THAT WE ARE READY, WILLING
AND ABLE TO ISSUE A NUMBER OF ARDLC, UNCONDITIONAL APART FROM THE BASICS OF THIS CONTRACT TERMS, AUTOREVOLVING,
IRREVOCABLE, ASSIGNABLE, TRANSFERABLE, DIVISIBLE, OPERATIVE, FULLY CONFIRMED, PARTIAL SHIPMENT ALLOWED, VALUE ONE MONTH
SUPPLY WITH A VALIDITY FOR 60 DAYS, NEGOTIABLE and 100% AT SIGHT, (NUMBER HERE) IN THE TOTAL AMOUNT OF XXX (XXX States
Dollars).
(NAME OF BANK) THE ASSETS IN SUPPORT OF THIS ARDLC ARE GOOD, CLEAN AND OF NON-CRIMINAL ORIGIN AND FREE OF ANY CHARGE
AND THE FULL DISCLOSURE RULE HAS BEEN ESTABLISHED, THAT SUCH FUNDS WERE LEGALLY OBTAINED FROM NON-CRIMINAL BUSINESSES.
WE CONFIRM THAT THE ABOVE-MENTIONED INSTRUMENT WILL BE REGISTERED AND DELIVERED THROUGH MT700 SWIFT DELIVERY TO THE
AFFILIATED BANK ACCOUNT OF FAIR INTERNATIONAL TRADING CORP USA

Bank Name Citi Bank

Bank Address, City, Country: Citi Bank, 4071 W Atlantik Ave, Delray Beach, Florida, 3345 USA

Account Name: Fair International Trading Corp

Account Signatory: Dean Brenner

Account No.: 9154233667

Swift/BIC Code: CITIUS33MIA

Bank Officers name: Alexander Paniagua

Bank Telephone: +1 561 404 7999

Bank Officer E–mail address: Alexander.paniagua@citi.com

Bank Website address: https://www.citi.com/

You might also like