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The Letter of Ready Willing and Able (Rwa)

The document is a letter from a bank providing a reference for a buyer company. The bank states the buyer intends to issue bank guarantees and letters of credit totaling millions of USD to cover shipments over a one year period under a sales contract. The bank confirms it has made a credit facility available to the buyer to fulfill the commercial project.

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Deoo Milton Eximo
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7K views1 page

The Letter of Ready Willing and Able (Rwa)

The document is a letter from a bank providing a reference for a buyer company. The bank states the buyer intends to issue bank guarantees and letters of credit totaling millions of USD to cover shipments over a one year period under a sales contract. The bank confirms it has made a credit facility available to the buyer to fulfill the commercial project.

Uploaded by

Deoo Milton Eximo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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LETTER HEAD OF THE BANK

THE LETTER OF READY WILLING AND ABLE (RWA)

BY swift: Mt799 format Free bank Message.


To : The Bank of Trader
To Attention For : Bank Manager
We , ( name of the bank ) are stating at the request of ( Name of Buyer Company)
maintaining an account number at our Bank ( A/C No: -) serves to
provide you with a Bank reference for the company and is limited to be used or present in
bidding on or signing a sales and Purchase contract of _______________ WITH ( The
name of Trader Company )
Based on the information available with us, the Company intends to Issue in a nature of
MT760 Bank Guarantee of. and after first delivery and Documentary Letter of
Credit shall non cumulative and , Confirmed by a world TOP 20 Bank and Transferable
revolving for each monthly shipments, on favor of Seller Company.
As indicated The BG amount is USD (
Million United States Dollar)
representing a monthly shipment of
MT and DLC amount is (
) and
will revolve to a maximum value of USD
( Million United States Dollar)to cover
total contract quantity of ___.000 MT ___________________________________ for up to
one year period. To Fulfill this commercial project the Company has contacted our bank to
arrange a credit Facility, which has been available for drawing whenever all documents and
conditions complied with.
This Letter is given in strict confidence and without any responsibility, however arising on
our part.
Officer Of The Bank

Officer of The bank

SEAL AND SIGNATURE

SEAL AND SIGNATURE

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