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    SBLC Verbiage Jva Ghana 28 May 2021

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    Manuel Satorra Pujolar
    This document is a standby letter of credit (SBLC) issued by XXXXXXXXXXXX bank located in Saudi Arabia. The SBLC is issued in favor of XXXXXXXXXXXX for XXXXXXXXXXXX million USD to finance a sales and purchase agreement between the parties. The SBLC is backed by good funds, irrevocable, assignable, and governed by UCP600 standards. It expires on XX/XX/2022.

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    © All Rights Reserved
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    SBLC Verbiage Jva Ghana 28 May 2021

    Uploaded by

    Manuel Satorra Pujolar
    193 views2 pages
    This document is a standby letter of credit (SBLC) issued by XXXXXXXXXXXX bank located in Saudi Arabia. The SBLC is issued in favor of XXXXXXXXXXXX for XXXXXXXXXXXX million USD to finance a sales and purchase agreement between the parties. The SBLC is backed by good funds, irrevocable, assignable, and governed by UCP600 standards. It expires on XX/XX/2022.

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    Sblc Verbiage Jva Ghana 28 May 2021

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    This document is a standby letter of credit (SBLC) issued by XXXXXXXXXXXX bank located in Saudi Arabia. The SBLC is issued in favor of XXXXXXXXXXXX for XXXXXXXXXXXX million USD to finance a sales and purchase agreement between the parties. The SBLC is backed by good funds, irrevocable, assignable, and governed by UCP600 standards. It expires on XX/XX/2022.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    193 views2 pages

    SBLC Verbiage Jva Ghana 28 May 2021

    Uploaded by

    Manuel Satorra Pujolar
    This document is a standby letter of credit (SBLC) issued by XXXXXXXXXXXX bank located in Saudi Arabia. The SBLC is issued in favor of XXXXXXXXXXXX for XXXXXXXXXXXX million USD to finance a sales and purchase agreement between the parties. The SBLC is backed by good funds, irrevocable, assignable, and governed by UCP600 standards. It expires on XX/XX/2022.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    VERBIAGE SBLC MT760

     
    DATE: __________________

    SENDER:
    BANK NAME: __________________
    BANK ADDRESS: __________________
    SWIFT CODE:
    ACCOUNT NAME: __________________
    ACCOUNT NUMBER:
    BANK OFFICER/TITLE: __________________
    TEL: __________________
    FAX: __________________
    E-MAIL: __________________

    RECEIVER:
    BANK NAME: __________________
    BANK ADDRESS: __________________
    BANK TEL: __________________
    BANK FAX: __________________
    BANK EMAILS: __________________
    BANK SWIFT: __________________
    ACCOUNT NAME: __________________
    ACCOUNT NUMBER: __________________

    FOR THE VALUE RECEIVED, WE, XXXXXXXXXXXX, LOCATED AT XXXXXXXXXXXX ON


    BEHALF OF XXXXXXXXXXX LOCATED AT XXXXXXXXXXXX WITH ACCOUNT NUMBER
    XXXXXXXXXXXX CONFIRM WITH FULL BANKING RESPONSIBILITY, HEREBY
    IRREVOCABLY AND CONDITIONALLY, WITHOUT PROTEST OR NOTIFICATION, PROMISE
    TO PAY AGAINST THIS CASH BACKED STANDBY LETTER OF CREDIT
    NUMBER XXXXXXXXXXX IN FAVOR OF XXXXXXXXXXXX, WITH BANK ACCOUNT
    NUMBER XXXXXXXXXX, THE BEARER OR HOLDER THEREOF, THE SUM
    OF XXXXXXXXXXXXXXXXXXXXXX MILLION IN LAWFUL CURRENCY OF THE UNITED
    STATES OF AMERICA (……………………..……), AT FIRST DEMAND, UPON PRESENTATION AND
    SURRENDER OF THIS STANDBY LETTER OF CREDIT WITH THE SUPPORTNING
    DOCUMENTS STATED DOWN BELOW AT THE COUNTERS OF. XXXXXXXXXX LOCATED
    AT XXXXXXXXX ON MATURITY DATE, AND NOT LATER THAN FIFTEEN (15) DAYS
    AFTER THE MATURITY DATE.
     
    SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF, FREE AND CLEAR OF ALL
    DEDUCTIONS, CHARGES, FEES, OR WITHHOLDING OF ANY NATURE, PRESENTLY OR IN
    THE FUTURE IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE
    GOVERNMENT OF THE EUROPEAN UNION, OR ANY POLITICAL SUB-DIVISIONS OR
    AUTHORITY THEREOF OR THEREIN.
     

    Page 1 of 2
    WE HEREBY CONFIRM, THIS STANDBY LETTER OF CREDIT IS BACKED BY GOOD, CLEAN,
    CLEARED FUNDS OF NON-CRIMINAL ORIGIN AND ARE FROM A LEGAL SOURCE. THIS
    STANDBY LETTER OF CREDIT IS IRREVOCABLE, CONDITIONAL, CONFIRMED,
    ASSIGNABLE, DIVISIBLE AND NON TRANSFERABLE, WITHOUT NOTICE OR
    PRESENTATION OF IT TO US AND WITHOUT THE PAYMENT OF ANY TRANSFER FEES
    OR CHARGES.
     
    THIS STANDBY LETTER OF CREDIT IS ISSUED FOR FINANCING PROJECTS THAT ARE
    INCLUDED AS AN ADDENDUM NAMED SALES $ PURCHASE AGREEMENT DATED ………
    BETWEEN ……….. FROM THE ISSUANCE DATE AND IS GOVERNED BY THE UNIFORM
    CUSTOMS AND PRACTICE FOR STANDBY LETTER OF CREDIT AS SET FORTH BY THE
    INTERNATIONAL CHAMBER OF COMMERCE, UNIFORM RULES FOR DOCUMENTARY
    CREDITS (ICC PUBLICATION NO. 600), OR LATEST REVISIONS.
      
    THIS STANDBY LETTER OF CREDIT SHALL BE GOVERNED BY AND CONSTRUED IN
    ACCORDANCE WITH THE LAWS OF THE KINGDOM OF SAUDI ARABIA.
     
    THIS STANDBY LETTER OF CREDIT IS CONDITIONAL, CONFIRMED, IRREVOCABLE,
    CALLABLE, ASSIGNABLE, DIVISIBLE, FREELY NON TRANSFERABLE, ISSUED AND
    DELIVERED IN COMPLIANCE WITH PROPER PROCEDURES AND BANKING LAWS AND
    REGULATIONS. ALL ISSUING CHARGES ARE FOR THE ACCOUNT OF APPLICANT.
     
    THIS STANDBY LETTER OF CREDIT EXPIRES ON XX/XX/2022.

    THIS IS OUR OPERATIVE INSTRUMENT. NO FURTHER CONFIRMATION IS NECESSARY


    OR WILL FOLLOW.

    DATE RECORDED: _____________ 2021

    FOR AND ON BEHALF OF XXXXXXXXXXXX

    AUTHORISED OFFICER 1: XXXXXXXXXXXX

    AUTHORISED OFFICER 2: XXXXXXXXXXXX

    Page 2 of 2

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