Pre Swift MT799 and Swift MT760
Pre Swift MT799 and Swift MT760
Pre Swift MT799 and Swift MT760
AMOUNT:
BENEFICIARY:
TRANSACTION CODE:
WE XXXX(ISSUING BANK AND ADDRESS)----------, ON BEHALF OF OUR CLIENT, HEREBY CONFIRM WITH FULL
BANKING RESPONSIBILITY THAT WE ARE READY TO ISSUE AND DELIVER ONE (1) YEAR AND ONE DAY STANDBY
LETTER OF CREDIT (SBLC) CASH BACKED ICC 600 FORMAT IN THE AMOUNT OF XX(€X,000,000,000.00) LAWFUL
CURRENCY OF THE EUROPEAN UNION IN FAVOR OF YOUR CLIENT INVESTMENT DEVELOPMENT LIMITED,
ACCOUNT NUMBER:_______________. MATURITY: (ONE YEAR AND ONE DAY) VIA SWIFT MT-760. THIS SWIFT MESSAGE
IS VERIFIABLE ON NORMAL BANK-TO-BANK BASIS WITH FULL BANKING RESPONSIBILITY. WE FURTHER CONFIRM
THAT THE SBLC IS CASH-BACKED AND IS TRANSFERABLE AND UNCONDITIONALLY CALLABLE UPON MATURITY.
WE ALSO CONFIRMED THAT THE SOURCE OF FUNDS IS DERIVING FROM LEGITIMATE SOURCE AND WE HAVE DONE
OUR INTERNAL DUE DILIGENCES ACCORDANCE TO MONEY LAUNDERING ACT. THIS FUND IS CLEAN AND CLEAR
FROM ANY CRIMINAL SOURCE. PLEASE CONFIRM YOU ARE READY TO RECEIVE AND FUND THIS BANK INSTRUMENT
AS PER AGREEMENT WITH OUR CUSTOMER ADVISE US THAT YOUR CLIENT HAS FULLY APPRISED YOU OF THE
ARRANGEMENT. THERE WILL BE NO LIENS AND ENCUMBRANCES ON THIS INSTRUMENT WHICH SHALL BE
DELIVERED AND AVAILED VIA MT760 AND EXACT SBLC SHALL BE AS BELOW:
---------------------------------------QUOTE----------------------------------
WE, -------------(ISSUING BANK AND ADDRESS)----------, AT THE REQUEST OF THE ABOVE REFERENCED CLIENT,
HEREBY ESTABLISH OUR IRREVOCABLE AND TRANSFERABLE STANDBY LETTER OF CREDIT IN FAVOR OF
SECOND PARTY xxxxxxxxxxxxxxxx, IN THE AMOUNT OF XX (€XX,000,000,000.00) LAWFUL CURRENCY OF THE
EUROPEAN UNION AVAILABLE BY DRAFT UPON PRESENTATION TO US OF THE ORIGINAL OF THIS LETTER OF
CREDIT AT OUR COUNTERS ON MATURITY, BUT NOT LATER THAN FIFTEEN (15) DAYS AFTER THE MATURITY
DATE.SUCH DRAFT, UNDER THIS LETTER OF CREDIT MUST BE MARKED ON ITS FACE “DRAWN UNDER (ISSUING
BANK & ADDRESS), STANDBY LETTER OF CREDIT NUMBER [XXXXXXXXXXX], DATED XX/XX/2017”.
WE HEREBY AGREE WITH THE DRAWER, ENDORSER AND/OR BONA FIDE HOLDER OF THE DRAFT DRAWN
UNDER, AND IN COMPLIANCE WITH, TERMS OF THE LETTER OF CREDIT, SUCH THAT DRAFT WILL BE DULY
HONORED, AT ANY OF OUR COUNTERS WORLDWIDE, UPON PRESENTATION TO THE DRAWER HEREOF.
SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF AND CLEAR OF ANY DEDUCTIONS, OR CHARGES, FEES OR
WITHHOLDING OF ANY NATURE, NOW OR HEREINAFTER IMPOSED, LEVIED, COLLECTED, WITH-HELD OR
ASSESSED BY THE GOVERNMENT OF UNITED KINGDOM OR ANY POLITICAL SUBDIVISION OR AUTHORITY
THEREOF OR THEREIN.
THIS LETTER OF CREDIT IS IRREVOCABLE AND TRANSFERABLE AND IS DRAWN IN ACCORDANCE WITH, AND IS
SUBJECT THE “UNIFORM CUSTOMS AND PRACTICES FOR LETTER OF CREDIT” TO UCP (2007 REVISION) ICC
PUBLICATION NO. 600 (UCP 600) AND SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE
LAWS OF UNITED KINGDOM. THIS IS AN OPERATIVE INSTRUMENT.
FOR AND ON BEHALF OF ( _______________ BANK NAME & FULL ADDRESS _________________ )
------------------------------------------------------------------------------
This pre-advise is valid for seven (7) international banking days only as an operative instrument, no mail confirmation
will follow. All charges are for the account of applicant.
Start Transmission-----------------------------------------------------------------------------------------------
Priority : URGENT
Sender :
Receiver :
----------------------------------------NARRATIVE--------------------------------------
X/X
X___________________________
XX/XX/17
Maturity Date
XX/XX/18
F40C : Applicable Rules
URDG.
APPLICANT: _________________
BENEFICIARY: ___________________
LATEST DATE FOR CLAIMS: “EXPIRY DATE” ONE (1) YEAR ONE (1) DAY FROM DATE OF
ISSUE
Sender’s Reference
THIS STANDBY LETTER OF CREDIT IS PAYABLE AGAIANST YOUR SIGHT DRAFT DRAWN ON US
FOR THIS AMOUNT UP TO _______________ EURO ONLY (EURO XX0.000.000,00) AND MARKED WITH
THE CLAUSE “DRAWN UNDER HSBC IRREVOCABLE STANDY LETTER OF CREDIT NO:
_____________________ DATED XXTH ______ 2017 SIGNED BY THE BENEFICIARY WORLD TEAM
CAPITAL PARTNERS LIMITED ACCOUNT NUMBER _________________________
THIS STANDBY LETTER OF CREDIT IS EFFECTIVE FROM XXTH ________ 2023 AND EXPIRES IN XXST
_____ 2024 AND ALL DRAWINGS UNDER THIS STANDBY LETTER OF CREDIT MUST BE PRESENTED
TO US BEFORE THE EXPIRY DATE.
WE HEREBY AGREE THAT ALL DRAFTS DRAWN ON US AND PRESENTED IN CONFORMITY WITH
THE TERMS OF THIS STANDBY LETTER OF CREDIT SHALL BE DULY HONORED BY US AND WE
SHALL REMIT THE PAYMENT UPON RECEIPT OF DOCUMENTS COMPLYING WITH THE CREDIT
TERM AND CONDITIONS. REIMBURSEMENT UNDER THIS STANDBY LETTER OF CREDIT IS
SUBJECT TO ICC 600.
THIS STANDY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICES FOR
DOCUMENTARY CREDITS, 2007 REVISION, AND INTERNATIONAL CHAMBER OF COMMERCE
PUBLICATION NO. 600 AND SHALL BE GOVERNED AND CONSTRUED IN ACCEPTANCE WITH THE
ENGLISH LAWS IN THE EVENT OF ANY INCONSITIANCY, THE ENGLISH LAW OF THE UNITED
KINGDOM PREVAIL, IN ACCEPTING THIS STANDBY LETTER OF CREDIT, YOU HEREBY
IRREVOCABLY AGREE TO SUBMIT TO THE NON-EXCLUSIVE JURISDICTION OF THE COURT OF
LONDON, UNITED KINGDOM. THIS IS AN OPERATIVE INSTRUMENT AND NO MAIL OR HARD COPY
WILL FOLLOW.