Letter Of Intent

Letter of intent

Date: 2005

Trading Code:

Debit Code:

Lender Code:

I, sir, as a qualified authorized signatory, abide by all the principles of law, and fully confirm that we are ready, willing and able to execute the standby letter of credit with legal origin described herein.

Description of banking tools

Tools: standby letter of credit.

Format: via World Bank Standard / ICC format

Issue: HSBC / German bank headquarters

Currency: US dollar (USD)

Deadline: 1 years, 1 days.

Age: Fresh Cut

Interest rate: Zero Coupon

Total: US $100 billion (USD 1000000.000.00).

Valuation: $10000 million

Surrender amount: XX% coupon plus 1% Commission.

Payment: SWIFT pfer

Screening: European bank clearing house

Delivery: according to the instructions to deliver the mortgage between banks between 7 international banking days.

Proof of funds: bank to bank

Standby letter of credit sample

ICC 3034 format

Publisher: it is: the first, the second and the third.

Date of issue: in the year of the people's Republic of China.

The receiving line: it is: the first one is: the first one is: the first one is: the second one is the second.

Beneficiary: it is: the first, the second and the third.

Trading: it will be: it will be: it will be:

Our undersigned, in accordance with the interests of the beneficiary, will open an irrevocable, unconditional and pferable letter of credit, which will be paid in 1 years, 1 days from the date of issue.

Payment will not take effect until the beneficiary's first written request has been issued through a qualified cable. The requirement must be marked "under the letter of credit number and date".

Our agreement with your agreement with the terms of this L / C will be respected in our presence.

This letter of credit is (up to 15 days after the expiration date).

This letter of credit is subordinate to the Publication No. ICC500 (1993 Revision January 1994) or the uniform provisions and regulations for documentary credits in the latest publications.

Representative (issuing bank) (bank seal)

Authorized signature authorized signature

(title and name of bank official) (title and name of bank official)