cheloniatrading
Bank Comfort Letter (BCL) Form
(Submitted on Buyer’s Bank, Including all details: Address, Phone, Fax, E-Mail, Letterhead etc.)
Date:
To:
Dear Sir/Madam,
This is to confirm that our mutual clients (namely):
Maintain a banking account with us and is in good standing with our bank.
At their instructions we,
(Full name of the bank):
With full authority and mandate hereby confirm that the said client is ready, willing and financially able to initiate the process of purchasing of:
Quantity (tons):
Product Name:
Price (USD / MT):
During the next:
months / years
And for the total value of USD:
Subject to the seller completing the Sales & Purchase Contract.
We, (buyer’s bank), confirm our ability to issue in due course and after the signing of the Purchase Contract, required:
Letter of Credit (LC):
On behalf of our client and for the benefit of the seller, with full assurance for the full amount of the contract.
We certify that our client named above has sufficient funds and / or have credit facilities with our bank to complete the proposed transaction within the time period outlined in the above referenced contract.
Our client hereby gives authority to the seller to procure usual banker’s references from our bank officer:
Officer Name:
Whose direct phone number is:
Yours truly,
Signed by a senior level bank officer
Full Name of the Signatory:
Designation of the Signatory:
Client’s Name as written in account:
Account No / IBAN:
Bank Telephone No:
Bank’s Fax No:
Bank Swift / Sort-Code:
Upload Bank Stamp:
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